HGT Hg Capital Trust Plc

 
TIDMHGT 
 
HgCapital Trust plc (the "Company") 
 
                  Circular re exercise of Subscription Rights 
 
The Board has today sent to holders of redeemable subscription shares of 1p 
each in the Company (the "Subscription Shares") a circular (the "Circular") 
reminding them that they have the right ("Subscription Right") (but not the 
obligation) to subscribe in cash for ordinary shares of 25p each in the Company 
(the "Ordinary Shares") on the subscription dates set out below (each a 
"Subscription Date") and at the applicable subscription price (each a 
"Subscription Price"): 
 
Subscription Date   Subscription Price(per share) 
 
31 October 2011     950p 
 
31 May 2012         950p 
 
31 October 2012     950p 
 
31 May 2013         1025p 
 
The next Subscription Date is 31 October 2011 and the Subscription Price 
payable on this date is 950p per share. The Subscription Rights are exercisable 
by notice to the Company during the period of 30 days up to and including the 
Business Day before 31 October 2011. 
 
If the Subscription Rights are not exercised on this occasion, the holders of 
Subscription Shares will have 3 further opportunities to do so during the 
period of 30 days up to and including the Business Day before the relevant 
Subscription Date(s) as set out above (at the applicable Subscription Price). 
Please note that the Subscription Rights will lapse after 30 May 2013 (being 
the Business Day immediately preceding the last Subscription Date of 31 May 
2013). 
 
The exercise of Subscription Rights by the holders of Subscription Shares is 
subject to the terms and conditions attached to the Subscription Shares as 
described in Part V of the Company's prospectus dated 11 March 2010 and the 
Company's articles of association. 
 
The terms and conditions of the Subscription Shares allow for the Subscription 
Shares to be held in certificated form or in uncertificated form (i.e. in 
CREST), in accordance with the Uncertificated Securities Regulations 2001. 
Accordingly, the procedure for exercising Subscription Rights depends on 
whether the Subscription Shares are held in certificated form or uncertificated 
form. Full details of the procedure are set out in the Circular. 
 
The Company's directors make no recommendation as to whether holders of 
Subscription Shares should exercise their Subscription Rights. 
 
The Ordinary Shares resulting from the exercise of the Subscription Rights will 
rank pari passu with the Ordinary Shares then in issue (save for any dividends 
or other distributions declared, made or paid on the Ordinary Shares by 
reference to a record date prior to the allotment of the relevant Ordinary 
Shares). 
 
The Ordinary Shares arising on the exercise of Subscription Rights will be 
allotted and issued within 14 days of the relevant Subscription Date (and with 
effect from the Subscription Date). 
 
The information in this announcement should be read in conjunction with the 
full text of the Circular dated 26 September 2011. Capitalised terms used but 
not defined in this announcement shall, unless the context otherwise requires, 
bear the meaning given to them in the Circular. 
 
The Company has submitted the Circular to the National Storage Mechanism and it 
will shortly be available for inspection at www.Hemscott.com/nsm.do. 
 
 
Enquiries: 
 
Computershare Investor Services plc 
Computershare Priority Applications, Corporate Actions 
The Pavilions, Bridgwater Road 
Bristol BS99 6AJ 
0870 702 0131 
 
Hg Pooled Management Limited 
2 More London Riverside 
London, SE1 2AP 
+44 (0)20 7089 7888 
 
Neither the contents of the HgCapital or National Storage Mechanism websites, 
nor the contents of any website accessible from hyperlinks on those websites 
(or any other website) is incorporated into, or forms part of, this 
announcement. 
 
 
 
END 
 

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