Extension of Closing Date and Final Allotment Date

29 July 2021

Triple Point VCT 2011 plc

(the "Company")

Offer for Subscription - Extension of Closing Date

Change of expected final date of allotment

The Company announces that, pursuant to the terms of the Offer for Subscription set out in a prospectus issued by the Company on 14 September 2020 (the "Offer"), the Board of Directors have resolved to extend the closing date of the Offer from 30 July 2021 to 20 August 2021.

The Board further announces that there has been a change to the expected timetable for the final allotment in respect of the 2021/22 tax year (the "Final Allotment") under the Offer, as follows:

*Cheques must be received no later than 12 noon on 17 August 2021.

A copy of the prospectus dated 14 September 2020 relating to the Offer has been submitted to the National Storage Mechanism located at https://data.fca.org.uk/#/nsm/nationalstoragemechanism and may be viewed on the Triple Point website: www.triplepoint.co.uk.

FOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT:

The Company's LEI is 213800AOOAQA5XQDEA89

Further information on the Company can be found on its website https://www.triplepoint.co.uk/investments/triple-point-venture-fund/s7881/.

NOTES:

The Company is a Venture Capital Trust incorporated in July 2010. The Investment Manager is Triple Point Investment Management LLP. The Company was established to fund small and medium sized enterprises (SMEs). The Company launched a new share class, known as The Venture Fund, in March 2019 which is mandated to invest in SMEs producing products or digital services that solve challenges faced by their larger corporate customers.