Transaction in Own Shares and Total Voting Rights and Capital

ALBION DEVELOPMENT VCT PLC

LEI Code 213800FDDMBD9QLHLB38                                                                                           

TRANSACTION IN OWN SHARES AND TOTAL VOTING RIGHTS AND CAPITAL

Albion Development VCT PLC (the “Company”) announces that it purchased 352,525 ordinary shares at 86.65 pence per share on 28 October 2022. The shares purchased represent 0.28% of the total number of voting rights in the Company before the transaction. These shares will be held in treasury.

Following this transaction, and in conformity with the provisions of DTR 5.6, we would like to notify the market of the following:

The capital of the Company as at 28 October 2022 consisted of 139,409,661 ordinary shares with a nominal value of 1 penny each. The Company holds 16,049,266 ordinary shares in treasury.

Therefore, the total number of voting rights in the Company is 123,360,395 which may be used by shareholders or 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.

28 October 2022

Vikash HansraniOperations PartnerAlbion Capital Group LLPTel: 020 7601 1850

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