Allotment of Shares under DRIS
26/07/2024 14:53
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26 July 2024
HARGREAVE HALE AIM VCT PLC
(the “Company”)
Allotment of Shares under DRIS
The Company has today allotted 2,235,192 Ordinary Shares pursuant to its
Dividend Re-Investment Scheme (“DRIS”) to Shareholders of the Company who
elected to receive Ordinary Shares instead of the interim dividend of 1 penny
per Ordinary Share and special dividend of 1.50 pence per Ordinary Share paid
today.
The price at which the 2,235,192 Ordinary Shares were allotted was 42.49 pence
per Ordinary Share, which was calculated, in accordance with the terms and
conditions of the DRIS, on the basis of the last reported ex-dividend net
asset value per Ordinary Share in the Company as at 5 July 2024, which was
announced on 9 July 2024.
Application for the new shares to be admitted to the Official List of the
Financial Conduct Authority and to trading on London Stock Exchange plc's main
market for listed securities has been made and dealings are expected to
commence on or around 2 August 2024.
As Persons Discharging Managerial Responsibility, the following directors of
the Company, and their Persons Closely Associated (“PCA”), were allotted
shares at a price of 42.49 pence:
No. of Shares allotted Holding following Allotment % of Issued Share Capital Held
Justin Ward (PDMR) Mrs E Ward (PCA) 2,752 1,073 49,529 19,312 0.019%
Angela Henderson (PDMR) 500 9,000 0.002%
Oliver Bedford (PDMR) 16,191 297,890 0.08%
Further information regarding the DRIS can be found in the DRIS terms and
conditions and DRIS mandate form available on the Company's website at
https://www.hargreaveaimvcts.co.uk/document-library/.
As a result of the issue, the total number of Ordinary Shares in issue will be
366,867,895 with each Ordinary Share carrying one vote each. The Company does
not hold any Ordinary Shares in Treasury. Therefore, the total voting rights
in the Company will be 366,867,895. 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
Guidance and Transparency Rules.
END
For further information, please contact:
JTC (UK) Limited Uloma Adighibe Alexandria Tivey HHV.CoSec@jtcgroup.com +44 203 832 3877 +44 203 832 3891
LEI: 213800LRYA19A69SIT31