Hargreave Hale AIM 1 Hargreave Hale Aim Vct 1 Plc : Issue Of Equity

 
TIDMHHV 
 
   Hargreave Hale AIM VCT 1 Plc 
 
   (the "Company") 
 
   20 March 2017 
 
   Allotment of Shares 
 
   Further to an offer for subscription of ordinary shares of 1p each in 
Hargreave Hale AIM VCT 1 plc to raise up to GBP10,000,000 and ordinary 
shares of 1p each in Hargreave Hale Aim VCT 2 plc to raise up to 
GBP10,000,000 pursuant to a prospectus dated 14 December 2016, the 
Company announces an allotment on 20 March 2017 of 9,113,668 Ordinary 
Shares in the Company pursuant to the Offer. 
 
   The offer price at which the Ordinary Shares were allotted was 80.82p 
per Ordinary Share, which was calculated by reference to the net asset 
value of an Ordinary Share in the Company on 10 March 2017 (as announced 
on 13 March 2017) divided by 0.965 (to allow for issue costs of the 
Offer). 
 
   Following this allotment the total number of Ordinary Shares in issue is 
81,460,531. This figure may be used by shareholders in the Company as 
the denominator for the calculations by which they will determine if 
they are required to notify their interest in, or a change to their 
interest in, the share capital of the Company under the Disclosure and 
Transparency Rules. 
 
   Application will shortly be made for the Ordinary Shares so allotted to 
be admitted to the Official List of the UK Listing Authority and to 
trading on the London Stock Exchange's market for listed securities, and 
dealings are expected to commence on or around the 23 March 2017. 
Definitive documents of title are expected to be despatched within 15 
business days of allotment. 
 
   For further information please contact: 
 
   Stuart Brookes 
 
   Company Secretary - Hargreave Hale AIM VCT 1 Plc 
 
   Tel [phone] 
 
   [e-mail] 
 
   This announcement is distributed by Nasdaq Corporate Solutions on behalf 
of Nasdaq Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: Hargreave Hale AIM VCT 1 plc via Globenewswire 
 
 
  https://hargreaveaimvcts.co.uk/ 
 

(END) Dow Jones Newswires

March 20, 2017 12:53 ET (16:53 GMT)

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