29th September 2009

Albion Ventures wins VCT of the Year 2009

Albion Ventures has won VCT of the Year (UK) 2009 at the Investor All Stars Awards, one of the most important events in the venture capital calendar which recognises the leading investors and risk takers.

The award category was open to all Venture Capital Trusts (VCTs) and European tax driven structures including FCPIs (Fonds Commun de Placement dans l'Innovation) and other Government promoted investment funds where there is tax relief for private investors.

Patrick Reeve, Managing Partner at Albion Ventures said:
”We are delighted to win this important industry award for best VCT of the Year. The award is welcome recognition for all the work and effort dedicated by the Albion Ventures team. We were exceptionally pleased that we won the accolade for our Albion Development VCT, one of our most successful and established VCTs.”

Investors will be interested to hear that Albion Ventures are offering a further opportunity to invest in a D Share Offer for Albion Development VCT PLC from this Autumn. Investment advisers are welcome to attend their nationwide seminar tour starting this Thursday 1st October. Dates, times and registration details are available on the company’s website (www.albion-ventures.co.uk) or by calling 0808 178 1680.

The Investor All Star Awards Judging Panel cited:
“Albion showed a high level of activity during the past 12 months, and has also completed their own MBO from Close Brothers in January. With 13 new investments, and one great exit with Grosvenor Health, the new Albion team clearly impressed the judges.”

Albion Ventures was also shortlisted for the Exit of the Year award category for Grosvenor Health.