Director/PDMR Shareholding

28 Feb 2012 07:00

Baronsmead VCT 3 PLCDirector/PDMR ShareholdingAnnex DTR3

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons

1. Name of Issuer BARONSMEAD VCT 3 PLC 2. State whether the notification related to i. a transaction notified in accordance with DR 3.1.4R(1); or ii. a disclosure made in accordance with LR 9.8.6r; or iii. a disclosure made in accordance with section 793 of the Companies Act (2006)

3. Name of person discharging managerial responsibilities/director

MR ANTHONY TOWNSEND

4. State whether notification related to a person connected with a person

discharging managerial responsibilities/director name in 3 and identify the connected person N/A

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. N/A

6. Description of shares (including class), debentures or derivatives or

financial instruments relating to shares ORDINARY SHARES 10P

7. Name of registered shareholder(s), and if more than one, the number of

shares held by each of them MR ANTHONY TOWNSEND 7,609 ORDINARY SHARES 8. State the nature of the transaction

On 20th February 2012 MR ANTHONY TOWNSEND purchased 19,198 Ordinary shares

as part of the Baronsmead VCT 3 Plc Offer for Subscription

9. Number of Shares, debentures or financial instruments relating to

shares acquired 19,198 Ordinary shares

10. Percentage or issued class acquired (treasury shares of that class

should not be taken into account when calculating percentage)

0.030%

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

shares disposed N/A

12. Percentage of issued class disposed (treasury shares should not be

taken into account when calculating percentage) N/A 13. Price per shares or value of transaction 107.3p per share 14. Date and place of Transaction 20th February 2012

15. Total holding following notification and total percentage holding

following notification (any treasury shares should not be taken in account when calculating percentage) MR ANTHONY TOWNSEND 26,807 = 0.042% VOTING RIGHTS 16. Date issuer informed of transmission 27th February 2012 If the person discharging managerial responsibility has been granted options by the issuer complete the following boxes 17. Date of Grant N/A 18. Period during which or date on which it can be exercised N/A 19. Total amount paid (if any) for grant of the option N/A

20. Description of shares or debentures involved (class and number)

N/A

21. Exercise price (if fixed at time of grant) or indication that price is

to be fixed at time of exercise N/A

22. Total number of shares or debentures over which options are held

following notification N/A 23. Any additional information N/A 24. Name of contact and telephone number for queries

Michael Probin, VCT Investor Relations ISIS EP LLP TEL: 02075065796

Date of Notification: 27th February 2012