Result of AGM

Result of AGM

Hargreave Hale AIM 1

HARGREAVE HALE AIM VCT 1 PLC

26 January 2015

HARGREAVE HALE AIM VCT 1 PLC

Annual General Meeting held on

Thursday 22 January 2015

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 17 December 2014, were duly passed.

Resolutions 1 to 6 related to ordinary business. Resolutions 7 to 9 related to special business and are detailed as follows:

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

Special Resolutions
8. 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.

9. To renew the Company’s authority to buy-in its Ordinary shares.
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	Â	% of Votes	Â	% of Votes	Â	% of Votes	Â	% of Votes	Â	% of Votes
Ordinary Business	Â	Â	Â	Â	Â	Â	Â	Â	Â	Â
1		3,468,652		131,305		12,632		-		3,612,589
Â	Â	96.02%	Â	3.63%	Â	0.35%	Â	0.00%	Â	100.00%
2		3,430,333		131,305		26,738		24,213		3,612,589
Â	Â	94.96%	Â	3.63%	Â	0.74%	Â	0.67%	Â	100.00%
3		3,423,470		131,305		26,738		31,076		3,612,589
Â	Â	94.77%	Â	3.63%	Â	0.74%	Â	0.86%	Â	100.00%
4		3,414,155		131,305		67,129		-		3,612,589
Â	Â	94.51%	Â	3.63%	Â	1.86%	Â	0.00%	Â	100.00%
5		3,467,664		134,994		9,931		-		3,612,589
Â	Â	95.99%	Â	3.74%	Â	0.27%	Â	0.00%	Â	100.00%
6		3,477,595		134,994		-		-		3,612,589
Â	Â	96.26%	Â	3.74%	Â	0.00%	Â	0.00%	Â	100.00%
Special Business	Â	Â	Â	Â	Â	Â	Â	Â	Â	Â
7		3,432,997		137,759		-		41,833		3,612,589
Â	Â	95.03%	Â	3.81%	Â	0.00%	Â	1.16%	Â	100.00%
8		3,349,975		132,055		92,114		38,445		3,612,589
Â	Â	92.73%	Â	3.66%	Â	2.55%	Â	1.06%	Â	100.00%
9		3,417,914		167,734		26,941		-		3,612,589
Â	Â	94.61%	Â	4.64%	Â	0.75%	Â	0.00%	Â	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.

For further information please contact:

Stuart Brookes
Company Secretary
Hargreave Hale AIM VCT 1 plc
01253 754740