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Issue of Equity

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Thames Ventures VCT 1 plc
LEI: 213800R88MRC4Y3OIW86
5 April 2023
Issue of Equity

The Directors of Thames Ventures VCT 1 plc announce an allotment on 5 April
2022 of ordinary shares of 1p each (“Ordinary Shares”) pursuant to the
Offer for Subscription that opened on 31 October 2022 (“Offer”) as
follows:

2,391,207 Ordinary Shares at an average price of 54.54p per share.

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 14 April 2023.

Included in the above were the following allotments to Directors/PDMRs:

 Director / PDMR            Shares allotted  Issue price  
 Atul Devani      Director  27,624           54.3p        

Following this allotment, the Company has 179,832,982 Shares in issue, which
is also the Total Voting Rights of the Company and may be used by shareholders
as the denominator for the calculations by which they determine if they are
required to notify their interest in, or a change to their interest in, the
Company under the FCA's Disclosure Guidance and Transparency Rules

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