Portfolio Update

ALBION ENTERPRISE VCT PLC

LEI Code 213800OVSRDHRJBMO720

PORTFOLIO UPDATE

Albion Enterprise VCT PLC ("the Company”) is pleased to announce that it has sold a proportion of its holding in Quantexa Limited at its current holding value, with the aim of managing its concentration risk.

The proceeds for the Company are £2.2m, equating to an 11.5 times return on its weighted average investment cost. This decreases the Company’s holding in Quantexa to 17.2% of the Company's most recently announced NAV.

The value of the Company’s remaining holding in Quantexa, following this transaction, is £22.2m.

The disposal was realised at the Company’s current valuation, which crystalises a portion of the unrealised gain. There is no impact on the Company's NAV resulting from this transaction.

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

6 October 2023