Result of AGM

Result of AGM

Hargreave Hale AIM 1

HARGREAVE HALE AIM VCT 1 PLC

23 January 2014

HARGREAVE HALE AIM VCT 1 PLC

Annual General Meeting held on

Wednesday 22 January 2014

Hargreave Hale AIM VCT 1 plc ('the Company') hereby gives notification that, at the Annual General Meeting of the Company today, all the resolutions, as set out in full in the notice of meeting dated 13 December 2013, were duly passed.

Resolutions 1 to 5 related to ordinary business. Resolutions 6 to 9 related to special business and are detailed as follows:

Ordinary Resolutions

6. To authorise the Directors to allot Ordinary Shares under Section 551 of the Companies Act 2006.

Special Resolutions

7. To authorise the Directors pursuant to Section 570 of the Companies Act 2006 to allot equity securities for cash without regard to pre-emption rights.

8. To renew the Company’s authority to buy-in its Ordinary shares.

9. To cancel the credit of the capital redemption and share premium reserves

All the resolutions were duly passed on a show of hands.

Details of the proxy votes in respect of the resolutions passed at the Annual General Meeting received up to 48 hours before the time of the meeting at 44 Baker Street, London, W1U 7AL are set out below:

	Â	FOR	Â	DISCRETIONARY	Â	AGAINST	Â	WITHHELD*	Â
Resolution No.		No. of Votes		No. of Votes		No. of Votes		No. of Votes		Total Votes
Â		% of Votes		% of Votes		% of Votes		% of Votes		% of Votes
Ordinary Business		Â		Â		Â		Â		Â
1		1,240,867		111,839		-		-		1,352,706
Â		91.73%		8.27%		0.00%		0.00%		100.00%
2		1,219,704		121,529		3,815		7,658		1,352,706
Â		90.68%		9.04%		0.28%		0.57%		100.00%
3		1,212,463		121,529		18,714		-		1,352,706
Â		89.63%		8.98%		1.38%		0.00%		100.00%
4		1,224,575		128,131		-		-		1,352,706
Â		90.53%		9.47%		0.00%		0.00%		100.00%
5		1,240,867		111,839		-		-		1,352,706
Â		91.73%		8.27%		0.00%		0.00%		100.00%
Special Business		Â		Â		Â		Â		Â
6		1,141,602		136,529		27,176		47,399		1,352,706
Â		87.46%		10.46%		2.08%		3.50%		100.00%
7		1,119,897		136,529		77,952		18,328		1,352,706
Â		83.93%		10.23%		5.84%		1.35%		100.00%
8		1,167,844		150,086		22,582		12,194		1,352,706
Â		87.12%		11.20%		1.68%		0.90%		100.00%
9		1,179,094		136,529		15,037		22,046		1,352,706
Â		88.61%		10.26%		1.13%		1.63%		100.00%

* Please note that a Vote Withheld has no legal effect and will not be counted in the votes “For” and “Against” a resolution.

A copy of the resolutions approved at the Annual General Meeting will be submitted to the National Storage Mechanism and will shortly be available for viewing online at the following web-site address:

http://www.hemscott.com/nsm.do

For further information please contact:

Stuart Brookes

Company Secretary

Hargreave Hale AIM VCT 1 plc

01253 754740