Issue of Equity

Hazel Renewable Energy VCT1 plc Hazel Renewable Energy VCT2 plc Issue of Equity 7 December 2010 The Boards of Hazel Renewable Energy VCT1 plc ("Hazel 1") and Hazel Renewable Energy VCT2 plc ("Hazel 2") announce allotments in respect of funds of £10,986,460 that have been raised under the joint Offers for Subscription of the companies that opened on 20 October 2010. The details of the allotments which took place on 6 December 2010 and 7 December 2010 are as follows:     Issue price Number of Company Share class per share shares allotted Hazel 1 Ordinary Shares 99.9p 5,491,260 Hazel 1 A Shares 0.1p 5,491,260 Hazel 2 Ordinary Shares 99.9p 5,495,200 Hazel 2 A Shares 0.1p 5,495,200 Application for the Ordinary Shares and A Shares of both companies 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 at the earliest practical opportunity. The Offers for Subscription are expected to remain open until 5 April 2011 in respect of the 2010/2011 tax year and 30 April 2011 in respect of the 2011/2012 tax year unless previously extended or fully subscribed earlier. This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Hazel Renewable Energy VCT 2 plc - Ordinary Shares via Thomson Reuters ONE [HUG#1469993]
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