Hargreave Hale AIM 1 Issue Of Equity

 
TIDMHHV 
 
   Hargreave Hale AIM VCT Plc 
 
   (the "Company") 
 
   13 December 2018 
 
   Allotment of Shares 
 
   Further to an offer for subscription of ordinary shares of 1p each in 
Hargreave Hale AIM VCT plc to raise up to GBP20,000,000 pursuant to a 
prospectus dated 19 September 2018 ("Prospectus"), the Company announces 
an allotment on 13 December 2018 of 4,120,915 Ordinary Shares in the 
Company pursuant to the Offer. 
 
   The offer price at which the Ordinary Shares were allotted was 78.60p 
per Ordinary Share, which was calculated, in accordance with the 
Prospectus, by reference to the net asset value of an Ordinary Share in 
the Company on 7 December 2018 (as announced on 13 December 2018, being 
the last published net asset value per Ordinary Share) divided by 0.965 
(to allow for issue costs of the Offer). 
 
   Following this allotment, the total number of Ordinary Shares in issue 
is 200,844,654. This figure may be used by shareholders in the Company 
as the denominator for the calculations by which they will determine if 
they are required to notify their interest in, or a change to their 
interest in, the share capital of the Company under the Disclosure and 
Transparency Rules. 
 
   Application will shortly be made for the Ordinary Shares so allotted to 
be admitted to the Official List of the UK Listing Authority and to 
trading on the London Stock Exchange's main market for listed securities, 
and dealings are expected to commence on or around the 17 December 2018. 
Definitive documents of title are expected to be despatched within 15 
business days of allotment. 
 
   Terms defined in the Prospectus have the same meaning where used in this 
announcement 
 
   For further information please contact: 
 
   Stuart Brookes 
 
   Company Secretary -- Hargreave Hale AIM VCT Plc 
 
   Tel 0207 009 4987 
 
   stuart.brookes@canaccord.com

(END) Dow Jones Newswires

December 13, 2018 12:24 ET (17:24 GMT)

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