May 26, 2022 08:47 ET | Source: Albion Technology & General VCT PLC - Ordinary Shares Albion Technology & General VCT PLC - Ordinary Shares

Albion Technology & General VCT PLC Interim Management Statement LEI code: 213800TKJUY376H3KN16

Introduction I present Albion Technology & General VCT PLC’s (the “Company”)’s interim management statement for the period from 1 January 2022 to 31 March 2022.

Performance and dividends The Company’s unaudited net asset value (NAV) as at 31 March 2022 was £131.89 million or 82.05 pence per share (excluding treasury shares), an increase of 1.40 pence per share or 1.74 per cent. since 31 December 2021.

Fundraising and share issuances During the period from 1 January 2022 to 31 March 2022, the Company issued the following new Ordinary shares of nominal value 1 penny per share under the Albion VCTs Prospectus Top Up Offers 2021/22:

On 29 March 2022, the Company announced that applications under the Prospectus offer had reached its £24 million gross limit and was therefore fully subscribed and closed to further applications.

Portfolio The following investments have been made during the period from 1 January 2022 to 31 March 2022:

The following disposals were made during the period from 1 January 2022 to 31 March 2022:

Top ten holdings as at 31 March 2022:

Share buy-backs During the period from 1 January 2022 to 31 March 2022, the Company did not buy back any shares.

It remains the Board’s policy to buy back shares in the market, subject to the overall constraint that such purchases are in the Company’s interest, including the maintenance of sufficient resources for investment in existing and new portfolio companies and the continued payment of dividends to shareholders.

It is the Board’s intention for such buy-backs to be at around a 5% discount to net asset value, so far as market conditions and liquidity permit.

Material events and transactions after the period end After the period end, the Company had the following material investment transaction:

The following new Ordinary shares of nominal value 1 penny each were allotted under the Albion VCTs Prospectus Top Up Offers 2021/22 to shareholders who elected for the 2022/23 tax year:

There have been no other material events or transactions after the period end to the date of this announcement.

Further information Further information regarding historic and current financial performance and other useful shareholder information can be found on the Company’s webpage on the Manager’s website at www.albion.capital/funds/AATG.

For further information please contact: Vikash Hansrani Operations Partner Albion Capital Group LLP Telephone: 020 7601 1850