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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Hargreave 2 | LSE:HHVT | London | Ordinary Share | GB00B1GDYS53 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 112.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMHHVT Hargreave Hale AIM VCT 1 plc and Hargreave Hale AIM VCT 2 plc 18 September 2017 Announcement of Intention to Utilise Over-Allotment Facility and Offer Update On 14 December 2016, Hargreave Hale AIM VCT 1 plc and Hargreave Hale AIM VCT 2 plc (together "the Companies") launched an offer for subscription of ordinary shares of 1p each to raise in aggregate up to GBP20 million ("the Offers" and each an "Offer"). Full details of the Offers are contained in a prospectus ("the Prospectus") which was published by the Companies on 14 December 2016. On 9 March 2017 Hargreave Hale AIM VCT 1 plc announced that it had received applications in excess of GBP10 million and, accordingly, the directors of Hargreave Hale AIM VCT 1 plc announced that they intended to utilise the GBP5 million Over-Allotment Facility. On 15 March 2017 Hargreave Hale AIM VCT 1 plc announced that the Company had received applications in excess of the GBP5 million Over-Allotment Facility and, therefore, the Offer for Hargreave Hale AIM VCT 1 plc was closed. On 9 March 2017, the directors of Hargreave Hale AIM VCT 2 plc announced that the Hargreave Hale AIM VCT 2 plc Offer was fully allocated in respect of the GBP10 million initially sought and that it did not intend to use its Over-Allotment Facility in relation to the 2016/2017 tax year; they reserved the right to utilise the Over-Allotment Facility in relation to the Offer in the 2017/2018 tax year. The directors of Hargreave Hale AIM VCT 2 plc are now pleased to announce their intention to utilise the Over-Allotment Facility and increase the size to GBP7.5 million. A supplementary prospectus will be issued shortly. The directors of Hargreave Hale AIM VCT 1 plc will confirm their fundraising strategy shortly which, in addition to raising further capital for its existing investment strategy, may also include the creation of a new class of share to facilitate further investment into private companies. A further announcement will be issued in due course. For further information please contact: Stuart Brookes Company Secretary - Hargreave Hale AIM VCT 1 and 2 Plc Tel 0207 009 4987 snb@hargreave.com 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 2 plc via Globenewswire https://hargreaveaimvcts.co.uk/
(END) Dow Jones Newswires
September 18, 2017 04:28 ET (08:28 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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