Issue of Equity
28/07/2023 16:51
For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230728:nGNE8clPRL&default-theme=true
28 July 2023
HARGREAVE HALE AIM VCT PLC
(the “Company”)
Allotment of Shares under DRIS
The Company has today allotted 591,318 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 1.00
pence per Ordinary Share payable on 28 July 2023.
The price at which the 591,318 Ordinary Shares were allotted was 49.29 pence
per Ordinary Share, which was calculated, in accordance with the terms and
conditions of the DRIS, on the basis of the last reported net asset value per
Ordinary Share in the Company as at 7 July 2023, which was announced on 11
July 2023.
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 4 August 2023.
As Persons Discharging Managerial Responsibility, the following directors of
the Company were allotted shares at a price of 49.29 pence:
No. of Shares allotted Holding following Allotment % of Issued Share Capital Held
Justin Ward (PDMR) and Mrs E Ward (PCA) 1,251 62,899 0.019%
Angela Henderson 163 8,223 0.002%
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
329,702,945 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 329,702,945. 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 Susan Fadil Uloma Adighibe HHV.CoSec@jtcgroup.com +44 203 893 1005 +44 203 832 3877
LEI: 213800LRYA19A69SIT31