Offer Update

Albion Enterprise VCT PLC (the "Company")

LEI Code 213800OVSRDHRJBMO720

Albion VCTs Prospectus Top Up Offers 2024/2025

Following strong demand for the Company's shares under the Albion VCTs Prospectus Top Up Offers 2024/2025 (the "Offers"), which opened on 6 January 2025, the Board is pleased to announce that it has elected to exercise the Company's £10 million overallotment facility referred to in the prospectus issued by the Company (and the other Albion VCTs named therein) on 12 November 2024 (the "Prospectus").

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Accordingly, the maximum amount that the Company can raise under the Offers is increased from £10 million to £20 million (before issue costs).

The Offers opened on 6 January 2025 and are expected to close no later than 4 April 2025 (unless fully subscribed by an earlier date or previously closed).

A downloadable version of the Prospectus is available from www.albion.capital/offers. Copies of the Prospectus are available, free of charge, from the Companies' registered office at 1 Benjamin Street, London, EC1M 5QL.

Terms used in this announcement have the same meaning as defined in the Prospectus.

16 January 2025

For further information please contact:

Vikash Hansrani

Operations Partner

Albion Capital Group LLP

Tel: 0207 601 1850