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Issue of Equity

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Thames Ventures VCT 2 plc
LEI: 21380035MV1VRYEXPR95
5 April 2023
Issue of Equity

The Directors of Thames Ventures VCT 2 plc announce allotments on 5 April 2023
of Ventures Shares of 0.1p each (“Ventures Shares”) pursuant to the
Ventures Offer for Subscription which opened on 2 November 2022 and Healthcare
Shares of 0.1p each (“Healthcare Shares”) pursuant to the Healthcare Offer
for Subscription which opened on 26 October 2022 as follows:

                    Shares     Average issue price per share  
 Ventures Shares    333,929    66.00p                         
 Healthcare Shares  1,533,714  68.34p                         

Application for these 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.

Following these allotments, the issued share capital and total voting rights
(excluding management shares) of the Company are summarised follows:

                                                       Voting                     
                                           Shares      rights     Voting          
                                           in issue    per share  rights          
 DSO D Shares                              7,867,247   232        1,825,201,304   
 DP67 Ordinary Shares                      11,192,136  375        4,197,051,000   
 Ventures Shares (excluding Mgt Shares)    53,210,344  860        45,760,895,840  
 Healthcare Shares (excluding Mgt Shares)  23,366,627  860        20,095,299,220  
 AIM Shares                                2,695,803   1,146      3,089,390,238   
 Total Voting Rights                                              74,967,837,602  

The Total Voting Rights of the Company shown above 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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