REG-Hazel Renewable Energy VCT 1 plc : Issue of Equity

Gresham House Renewable Energy VCT 1Announcement

05/04/2018 19:10

      
Hazel Renewable Energy VCT1 plc 
LEI: 213800IVQHJXUQBAAC06
Hazel Renewable Energy VCT2 plc 
LEI: 213800GQ3JQE2M214C75
          
Issue of equity
5 April 2018
      
The Directors of Hazel Renewable Energy VCT1 plc ("Hazel 1") and Hazel Renewable Energy VCT2 plc ("Hazel 2") announce allotments on 5 April 2018 pursuant to the joint Offer for Subscription that opened on 14 March 2018 ("Offer") as follows:
                                                                                   
    

   Company   
    

   Share class   
   Average price 
per share      
   Number of 
shares allotted      
   Hazel 1    
   Ordinary Shares of 0.1p each   
   125.58p   
   552,972   
   Hazel 1   
   'A' Shares of 0.1p each   
   0.1p   
   552,972   
   Hazel 2   
   Ordinary Shares of 0.1p each   
   124.77p   
   824,844   
   Hazel 2   
   'A' Shares of 0.1p each   
   0.1p   
   824,844   
    
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 11 April 2018. 
    
Included in the above are allotments to Directors and PDMRs as follows:
                                                            
    

   Company   
    

   Director/PDMR   
       
   Ordinary Shares
Allotted       
   'A' Shares 
Allotted       
   Hazel 1    
   Ben Guest   
   PDMR   
   80,390   
   80,390   
   Hazel 2   
   Christian Yates   
   Director   
   8,116   
   8,166   
    
Following this allotment, the issued share capital and total voting rights of the Companies are as follows:
                                                                                                                                                           
    

   Company   
    

   Share class   
   Issued share
 capital      
   Voting rights
per share      
    

   Voting rights   
   Hazel 1    
   Ordinary Shares    
   22,302,467   
   1,000   
   22,302,467,000   
   Hazel 1   
   'A' Shares    
   34,642,377   
   1   
   34,642,377   
       
       
       
       
   22,337,109,377   
       
       
       
       
       
   Hazel 2   
   Ordinary Shares    
   23,086,083   
   1,000   
   23,086,083,000   
   Hazel 2   
   'A' Shares    
   35,379,608   
   1   
   35,379,608   
       
       
       
       
   23,121,462,608   
         


This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Hazel Renewable Energy VCT 1 plc via Globenewswire