TIDMHHV 
 
   Hargreave Hale AIM VCT 1 Plc 
 
   (the "Company") 
 
   17 November 2016 
 
   Allotment of Shares and Closure of Offer for Subscription 
 
   Further to an offer for subscription of ordinary shares of 1p each in 
Hargreave Hale AIM VCT 1 plc to raise up to GBP15,000,000 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 1 December 2015 and a 
supplementary prospectus dated 17 December 2015, and a supplementary 
prospectus dated 17 June 2016 the Company announces an allotment on 17 
November 2016 of 876,072 Ordinary Shares in the Company pursuant to the 
Offer. 
 
   The offer price at which the Ordinary Shares were allotted was 77.41p 
per Ordinary Share, which was calculated by reference to the net asset 
value of an Ordinary Share in the Company on 11 November 2016 (as 
announced on 14 November 2016) divided by 0.965 (to allow for issue 
costs of the Offer). 
 
   Following this allotment the total number of Ordinary Shares in issue is 
63,568,645. 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 22 November 2016. 
Definitive documents of title are expected to be despatched within 15 
business days of allotment. 
 
   The Offer for Subscription is now closed. 
 
   For further information please contact: 
 
   Stuart Brookes 
 
   Company Secretary - Hargreave Hale AIM VCT 1 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 1 plc via Globenewswire 
 
 
  https://hargreaveaimvcts.co.uk/

(END) Dow Jones Newswires

November 17, 2016 06:34 ET (11:34 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
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