Issue of Equity and Total Voting Rights

17 December 2021

Triple Point VCT 2011 plc

(the "Company")

ISSUE OF EQUITY AND TOTAL VOTING RIGHTS

The Directors of Triple Point VCT 2011 plc (the "Company") are pleased to announce the allotment of 903,250 Venture Shares of 1p each at an average price of 112.420p per share on 17 December 2021 pursuant to the offer for subscription set out in a prospectus issued by the Company on 15 September 2021.

The shares allotted are to be admitted to the Official List. Admission is expected to become effective on or around 23 December 2021.

As a consequence of this allotment the issued share capital and total voting rights of the Company is now 42,981,511:

9,777,285 A Ordinary Shares

6,758,795 B Ordinary Shares

26,445,431 Venture Shares

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/current-vcts/triple-point-vct-2011-plc/s2539/.

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.