Albion. Tch Vct Regulatory News (AATG)

19 Nov 2008 16:47



CLOSE TECHNOLOGY & GENERAL VCT PLC

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).

 (1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24 - see below.

 (2) An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24 - N/A.

 (3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24 - N/A.

 (4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24 - N/A.

1. Name of the issuer

Close Technology & General VCT PLC

2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or

(ii) DR 3.1.4(R)(1)(c) a disclosure made in accordance with section 793 of the Companies Act 2006; or

(iii) both (i) and (ii)

Notification in accordance with (iii)

3. Name of person discharging managerial responsibilities/director

Mr P Reeve (Director)

4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

Mr P Reeve (Director)

5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

Mr P Reeve (direct holding)

6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares

Ordinary shares of 50p each

7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

Mr P Reeve

8 State the nature of the transaction

Disposal of 500 shares by way of gift

9. Number of shares, debentures or financial instruments relating to shares acquired

Nil

10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

N/A

11. Number of shares, debentures or financial instruments relating to shares disposed

500

12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

Less than 0.1%

13. Price per share or value of transaction

82 pence per share

14. Date and place of transaction

19 November 2008

15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

153,613 Ordinary Shares

200,000 C Shares

16. Date issuer informed of transaction

19 November 2008

Name of contact and telephone number for queries

Patrick Reeve - tel: 020 7422 7830

19 November 2008