Hazel Renewable Energy VCT1 plc : Issue of Equity

Hazel Renewable Energy VCT1 plc
LEI: 213800IVQHJXUQBAAC06
Hazel Renewable Energy VCT2 plc
LEI: 213800GQ3JQE2M214C75

Issue of equity
27 April 2018

The Directors of Hazel Renewable Energy VCT1 plc ("Hazel 1") and Hazel Renewable Energy VCT2 plc ("Hazel 2") announce allotments on 27 April 2018 pursuant to the joint Offer for Subscription that opened on 14 March 2018 ("Offer") as follows:

Company	Share class	Average price per share	Number of shares allotted
Hazel 1	Ordinary Shares of 0.1p each	125.58p	929,700
Hazel 1	'A' Shares of 0.1p each	0.1p	929,700
Hazel 2	Ordinary Shares of 0.1p each	123.85p	322,981
Hazel 2	'A' Shares of 0.1p each	0.1p	922,981

Application for the shares 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 will be made shortly. Dealings are expected to commence on or around 3 May 2018.

The Offer is now closed.

Included in the above are allotments to Directors and PDMRs as follows:

Company	Director/PDMR		Ordinary Shares Allotted	'A' Shares Allotted
Hazel 1	Bozkurt Aydinoglu	PDMR	100,488	100,488

Following this allotment, the issued share capital and total voting rights of the Companies are as follows:

Company	Share class	Issued share  capital	Voting rights per share	Voting rights
Hazel 1	Ordinary Shares	23,232,167	1,000	23,232,167,000
Hazel 1	'A' Shares	35,572,077	1	35,572,077
				23,267,739,077
Hazel 2	Ordinary Shares	23,409,064	1,000	23,409,064,000
Hazel 2	'A' Shares	35,702,589	1	35,702,589
				23,444,766,589

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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Hazel Renewable Energy VCT 1 plc via Globenewswire