Hazel Renewable Energy VCT1 plc - Issue of Equity

Hazel Renewable Energy VCT1 plc - Issue of Equity

Hazel Renewable Energy VCT1 plc
LEI: 213800IVQHJXUQBAAC06

Issue of equity
24 October 2018

The Directors of Hazel Renewable Energy VCT1 plc (“Hazel 1”) announce further allotments on 24 October 2018 pursuant to the Top Up Offers for Subscription that opened on 17 September 2018 (“Offers”) as follows:

 

Offer number
 

Share class
Average price
per share
Number of
shares allotted
1Ordinary Shares of 0.1p each124.50p173,474
1‘A’ Shares of 0.1p each0.1p173,474
2Ordinary Shares of 0.1p each125.22p159,701
2‘A’ Shares of 0.1p each0.1p159,701

The Offers are now closed.

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 30 October 2018.

As per the terms of the Offers, the Company also announces that it has allotted 656,880 A Shares to Gresham House Asset Management Limited (“Management Shares”) at an issue price of 0.1p per share as part of the Performance Incentive Scheme described in the Top Up Offers for Subscription document (“offer document”).

Following this allotment, the issued share capital (excluding shares held in Treasury) and total voting rights of the Company are as follows:

 

Share class
Issued share
 capital
Voting rights
per share
 

Voting rights
Ordinary Shares25,779,2901,00025,779,290,000
‘A’ Shares38,776,080138,776,080
   25,818,066,080

UK 100

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