Issue of Equity and Total Voting Rights

ALBION TECHNOLOGY & GENERAL VCT PLC

Issue of Equity and Total Voting Rights

LEI Code 213800TKJUY376H3KN16

The second and final allotment for the 2024/2025 tax year of new ordinary shares of nominal value 1 penny per share ("New Shares") in Albion Technology & General VCT PLC (the “Company”) under the Albion VCTs Prospectus Top Up Offers 2024/2025 (the “Offers”), (which opened for applications on 6 January 2025) took place on 4 April 2025.

The Company has received valid applications for 10,100,775 New Shares which will be allotted at an issue price of 75.30 pence per share. The total net proceeds receivable by the Company for these allotments is approximately £7.4 million, bringing net total raised under the prospectus to £29.1 million. The issue pricing of the New Shares has been structured to avoid any capital dilution to existing shareholders who do not participate in the Offers.

Application has been made to the Financial Conduct Authority for 10,100,775 New Shares to be admitted to the Official List and to the London Stock Exchange for the New Shares to be admitted to trading on the London Stock Exchange's market for listed securities. The New Shares rank pari passu with the existing shares in issue.

It is expected that admission to the Official List will become effective and that dealings in the New Shares will commence on or around 8 April 2025.

The Offers which constitute separate offers have been fully subscribed and all have been closed to further applications. The total amount raised across the Albion VCTs under the Offers is £80 million.

Following this allotment and in conformity with the provisions of DTR 5.6, the Company makes the following notifications in connection with the issued share capital of the Company:

The Company's capital as at 4 April 2025 consists of 411,982,871 ordinary shares with a nominal value of 1 penny each. The Company holds 28,037,873 ordinary shares in Treasury.

Therefore, the total number of voting rights in the Company is 383,944,998, which may be used by shareholders and other persons as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

For further information, please contact:

Vikash Hansrani

Operations Partner

Albion Capital Group LLP

Company Secretary

020 7601 1850

4 April 2025