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Hazel Renewable Energy VCT1 plc - Issue of Equity

23rd Oct 2018 17:26



Hazel Renewable Energy VCT1 plc - Issue of Equity

Hazel Renewable Energy VCT1 plc LEI: 213800IVQHJXUQBAAC06

Issue of equity23 October 2018

The Directors of Hazel Renewable Energy VCT1 plc (“Hazel 1”) announce further allotments on 23 October 2018 pursuant to the Top Up Offers for Subscription that opened on 17 September 2018 (“Offers”) as follows:

Offer number Share classAverage price per shareNumber of shares allotted
1Ordinary Shares of 0.1p each124.73p272,572
1‘A’ Shares of 0.1p each0.1p272,572
2Ordinary Shares of 0.1p each125.22p479,101
2‘A’ Shares of 0.1p each0.1p479,101

Application for the 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 29 October 2018.

Included in the above are allotments on 23 October 2018 to Directors and PDMRs as follows:

Director/PDMR SharesAllotted Share class Issue priceShareholding after transaction% of shares in issue
Duncan GriersonDirector16,635Ordinary shares120.23p16,6350.07%
Duncan GriersonDirector16,635A shares0.1p16,6350.04%

Following this allotment, the issued share capital (excluding shares held in Treasury) and total voting rights of the Company are as follows:

Share classIssued share capitalVoting rightsper share Voting rights
Ordinary Shares25,446,1151,00025,446,115,000
‘A’ Shares37,786,025137,786,025
   25,483,901,025



Related Shares:

Gresham Ren 1aGresham Renew 1
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