Source - GNW

Hazel Renewable Energy VCT1 plc
LEI: 213800IVQHJXUQBAAC06
Hazel Renewable Energy VCT2 plc
LEI: 213800GQ3JQE2M214C75

Issue of equity
5 April 2018

The Directors of Hazel Renewable Energy VCT1 plc ("Hazel 1") and Hazel Renewable Energy VCT2 plc ("Hazel 2") announce allotments on 5 April 2018 pursuant to the joint Offer for Subscription that opened on 14 March 2018 ("Offer") as follows:

 

Company
 

Share class
Average price
per share
Number of
shares allotted
Hazel 1 Ordinary Shares of 0.1p each 125.58p 552,972
Hazel 1 'A' Shares of 0.1p each 0.1p 552,972
Hazel 2 Ordinary Shares of 0.1p each 124.77p 824,844
Hazel 2 'A' Shares of 0.1p each 0.1p 824,844

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 11 April 2018.

Included in the above are allotments to Directors and PDMRs as follows:

 

Company
 

Director/PDMR
 Ordinary Shares
Allotted
'A' Shares
Allotted
Hazel 1 Ben Guest PDMR 80,390 80,390
Hazel 2 Christian Yates Director 8,116 8,166

Following this allotment, the issued share capital and total voting rights of the Companies are as follows:

 

Company
 

Share class
Issued share
 capital
Voting rights
per share
 

Voting rights
Hazel 1 Ordinary Shares 22,302,467 1,000 22,302,467,000
Hazel 1 'A' Shares 34,642,377 1 34,642,377
        22,337,109,377
         
Hazel 2 Ordinary Shares 23,086,083 1,000 23,086,083,000
Hazel 2 'A' Shares 35,379,608 1 35,379,608
        23,121,462,608



This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Hazel Renewable Energy VCT 2 plc via Globenewswire