Hazel Ren Egy VCT2 Hazel Renewable Energy Vct2 Plc: Transaction In Own Shares

 
TIDMHR2O 
 
 
   Hazel Renewable Energy VCT2 plc 
 
   LEI: 213800GQ3JQE2M214C75 
 
   Transaction in Own Shares 
 
   15 February 2019 
 
   Hazel Renewable Energy VCT2 plc announces that, on 15 February 2019, the 
Company purchased the following Shares to be held in treasury: 
 
 
 
 
                                  No.          Price paid      % of class 
                                purchased   per share (pence)   in issue 
Ordinary Shares of 0.1p each      552,738              110.59        2.1% 
A Shares of 0.1p each             552,738                 0.1        1.4% 
 
 
   Following this transaction, the issued share capital and total voting 
rights of the Company are as follows: 
 
 
 
 
                            Shares in issue      Voting rights 
                          (excluding treasury)     per share    Voting rights 
Ordinary Shares of 0.1 
 pence each                          26,133,036          1,000  26,133,036,000 
A Shares of 0.1 pence 
 each                                39,463,845              1      39,463,845 
Total Voting Rights                                             26,172,499,845 
 
 
   The Board also announces that it has set aside funds to be used for new 
investments to ensure that the Company can continue to comfortably 
maintain its VCT qualifying status in the future (taking into account 
the new VCT regulations which take effect later this year) and to ensure 
sufficient funds are available for the payment of future dividends. 
 
   Therefore, for the time being the Company will not buy back Shares. The 
Board will keep the situation under review and, as and when liquidity 
permits, will reconsider buying back Shares. Meanwhile, the Board will 
endeavour to encourage the development of the secondary market for the 
Company's Shares. 
 
 
 
 
 
 

(END) Dow Jones Newswires

February 15, 2019 11:26 ET (16:26 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.