Hargreave Hale AIM 2 Hargreave Hale Aim Vct 2 Plc : Issue Of Equity
17 November 2016 - 10:33PM
UK Regulatory
TIDMHHVT
Hargreave Hale AIM VCT 2 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 698,580 Ordinary Shares in the Company pursuant to the
Offer.
The offer price at which the Ordinary Shares were allotted was 104.99p
per Ordinary Share, which was calculated by reference to the net asset
value of an Ordinary Share (Ex-dividend) 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
35,349,219. 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 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
November 17, 2016 06:33 ET (11:33 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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