REG-Hazel Renewable Energy VCT 2 plc : Result of Meeting <Origin Href="QuoteRef">HR2O.L</Origin>

Gresham House Renewable Energy VCT 2Announcement

07/11/2017 16:41

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Hazel Renewable Energy VCT2 plc
Legal Entity Identifier: 213800GQ3JQE2M214C75
Result of General Meeting
7 November 2017

The Board of Hazel Renewable Energy VCT2 plc ("Company") is pleased to
announce that, at the General Meeting of the Company held earlier today at St
Magnus House, 3 Lower Thames Street, London, EC3R 6HD, Shareholders
unanimously approved the Special Resolution to support the proposals for the
reorganisation of the Company (the "Proposals") as set out in the circular
published by the Company on 16 October 2017 ("Circular")

Details of the proxy votes in respect of the resolution passed at the General
Meeting received as at 10:45am on 3 November 2017, 48 hours before the time of
the meeting (excluding weekends), at Downing LLP are set out below:

                    For  Discretionary     Against           Total  Withheld 
                 No. of     No. of          No. of          No. of    No. of 
             Votes Cast   Votes Cast    Votes Cast      Votes Cast     Votes 
             % of votes   % of votes    % of votes      % of votes           
 Res 1   14,211,215,701              -           -  14,211,215,701         - 
                100.00%          0.00%       0.00%         100.00%           

The Board will now take steps to implement the Proposals along with its sister
company, Hazel Renewable Energy VCT1 plc, including the appointment of Gresham
House Asset Management Limited as Investment Adviser.

Additionally, as noted in the Circular, the Board confirms the appointment of
Giles Clark as a non-executive director. Giles has worked on solar projects
across Europe since 2006, focusing on UK projects since 2010. In 2006, he
co-founded SunRay Renewable Energy, where he was CFO, developing large utility
scale solar projects across southern Europe. SunRay had built a pipeline of
1.4GWp of projects by the time it was acquired by SunPower Corporation for
$277m in 2010. From 2013 to 2016 Giles was a founding shareholder and Chairman
of Solstice Renewables which developed and sold 100 MWp of ground mounted
solar farms in the UK.  From 2013 to 2017 Giles was the founder and CEO of
Primrose Solar which acquired and built 253 MW of ground mounted solar farms
in the UK. The completed projects were sold in 2016 to Bluefield, Greencoat
and Equitix. Giles has a BA in PPE from Oxford and an MBA from the London
Business School.

The other Directors welcome Giles to the Board and believe his detailed
industry experience and knowledge will prove to be a valuable asset as the
Company starts a new phase of its life.
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 2 plc via Globenewswire