Albion Development VCT PLC (the “Company”)
Director/PDMR Transaction

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

1	Details of the person discharging managerial / persons closely associated
a)	Name		Benjamin Larkin
2	Reason for notification
a)	Position/status		PDMR/Director
b)	Initial notification/Amendment		Initial notification
3)	Details of the issuer, emission allowance market participation, auction platform,
	auctioneer or auction monitor
a)	Name		Albion Development VCT PLC
b)	LEI		213800FDDMBD9QLHLB38
4	Details of the transaction(s): section to be repeated for (i) each type of instrument;
	(ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument		Ordinary shares of nominal value 1 penny each
	Identification code		GB0004832472
b)	Nature of the transaction		Issue of Shares under the Dividend Reinvestment Scheme
c)	Price(s) and volume(s)		Price	Volume	Amount
			£0.7541	8327	£6,279.39
d)	Aggregated information
	- Aggregated volume
e)	Date of the transaction		29 May 2020
f)	Place of the transaction		London Stock Exchange

Name of authorised official of issuer responsible for making notification:

Albion Capital Group LLP - Company Secretary

Date of notification

29 May 2020