Hargreave Hale AIM 1 Offer Update
08 January 2021 - 4:13AM
UK Regulatory
TIDMHHV
HARGREAVE HALE AIM VCT PLC
LEI: 213800LRYA19A69SIT31
7 January 2021
Announcement of Intention to Utilise Over-Allotment Facility and Offer
Update
On 2 September 2020, Hargreave Hale AIM VCT plc (the "Company") launched
an offer for subscription to raise up to GBP20 million, together with an
over-allotment facility of up to a further GBP10 million (the "Offer").
Full details of the Offer are contained in a prospectus (the
"Prospectus"), which was published by the Company on 2 September 2020.
Under the terms and conditions of the Offer, as set out in the
Prospectus, the directors of the Company have the ability (at their
discretion), to increase the number of Shares available for subscription
to raise further amounts under the Offer of up to GBP10 million.
The Company has received valid applications in excess of GBP19 million
and, accordingly, the directors of the Company are pleased to announce
that they intend to utilise the GBP10 million Over-allotment Facility.
Terms used in this announcement have the same meaning as defined in the
Prospectus.
Copies of the Prospectus are available until the Offer closes from:
The Company's website at
https://www.globenewswire.com/Tracker?data=cJM9yJ-7TiyfXXn2uwwjlGQXA46Pe_fBoN73lHxk6fTuKi3ymakgc-EY0MQwslNvcef2LFJcKSQE4M07WOYUg67RVOIIlofHaLlG1CkHHDgwaJzT_NTvAAtLZ7nk9Cm-
www.hargreaveaimvcts.co.uk
The National Storage Mechanism,
https://www.globenewswire.com/Tracker?data=kI9ExLGsH4SMLvYklXnYDAna_6Z3VcQm-T6v0oAnit5I39SSkmm2JGUJ2s0aDrmRq9wZ4PleYuQp4a3DDsLWqlmUSkPt2S_L4RYyPkrO6-zTOR4bHb9A-5di6uwo11Omssk7lM5UgQI8JIHC5mFzMpq9fgFY1Kpi56eWKscmfVFA6Z6ZpnG53FF8Y6gl0smA
https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
For further information please contact:
Oliver Bedford, Canaccord Genuity Fund Management
Tel: 020 7523 4837
(END) Dow Jones Newswires
January 07, 2021 12:13 ET (17:13 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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