Hazel Ren Egy VCT1 Hazel Renewable Energy Vct1 Plc - Offer Document Posted

 
TIDMHR1O 
 
   Hazel Renewable Energy VCT1 plc 
 
   (the "Company") 
 
   LEI 213800IVQHJXUQBAAC06 
 
   Top-Up Offers for Subscription 
 
   18 September 2018 
 
   The Company announces that it has published a top-up offers for 
subscription document (the "Top-Up Offers Document") in respect of two 
separate share offers to raise in aggregate up to GBP3.23 million, one 
relating to an offer for subscription for investors subscribing less 
than GBP100,000 (the "First Offer") and one for investors subscribing 
GBP100,000 or more (the "Second Offer" and together the "Top-Up Offers"), 
for new Ordinary Shares and A Shares of 0.1p each ("New Shares"). 
 
   The Top-Up Offers open on 17 September 2018 and will close on 3 April 
2019 or as soon as the Top-Up Offers are fully subscribed or such 
earlier time as the directors of the Company in their absolute 
discretion may decide. 
 
   Pursuant to an agreement (the "Offer Agreement") between the Company and 
Gresham House Asset Management Limited, the Companies' investment 
adviser (the "Investment Adviser"), acting as promoter of the Top-Up 
Offers, will receive a fee of: 
 
 
   -- 4.0% of the gross funds raised under the Top-Up Offers from applications 
      received through an intermediary to whom it is required to pay 
      commission; and 
 
   -- 2.0% of the gross funds raised under the Top-Up Offers from applications 
      received where no commission is payable. 
 
 
   Out of the fee, the Investment Adviser will pay all costs of the Top-Up 
Offers, including any commissions relating to execution-only 
transactions (excluding trail commission) and also listing expenses. 
 
   A copy of the Top-Up Offers Document is available free of charge from 
the registered office of the Companies or from: 
 
   Gresham House Asset Management Limited 
 
   5 Cheapside 
 
   London EC2V 6AA 
 
   E: [e-mail] 
https://www.globenewswire.com/Tracker?data=I7TzaPK2cZvmfiSMIz1Czjl7h8ujdSfcifXs2An53PTVAHCxPVB85VFxtp1sq7rjYSxcoHhHKoL-1qs609_ObF1W7PM-ALxT_6fK4FEgsYsJ-yB0bqPbd8fQ7P0OQUq3 
 
 
   T: 020 3837 6270 
 
   A downloadable version of the Top-Up Offers Document is also available 
from: 
 
 
 
 
 
   newenergy.greshamhouse.com/vct/ 
https://www.globenewswire.com/Tracker?data=5sR2f7HHEbSsQHLbTEe-pemoddFXtmvak_8xTa4banTeU-gQtpQg-nrY8ErHAz_9dl8IJHpKe4NFATt1pP-MDNzvcHPiaZImkCL3jgOW78YGGCceMzkbgQD_MErm265_ 
 
 
   A copy of the Top-Up Offers Document will be submitted to the National 
Storage Mechanism and will shortly be available for viewing online at 
the following website address: 
 
   http://www.morningstar.co.uk/uk/NSM 
 
   If investors have any questions regarding this investment they should 
contact their financial adviser. For questions relating to an 
application, please contact Lizzie Darbourne at Gresham House (details 
above). 
 
 
 
 
 
 

(END) Dow Jones Newswires

September 18, 2018 10:55 ET (14:55 GMT)

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