Last checked at 24 Oct 2018 15:28
Hazel Renewable Energy VCT2 - plc Issue of Equity
Hazel Renewable Energy VCT2 plc LEI: 213800GQ3JQE2M214C75
Issue of equity24 October 2018
The Directors of Hazel Renewable Energy VCT2 plc (“Hazel 2”) announce further allotments on 24 October 2018 pursuant to the Top Up Offers for Subscription that opened on 17 September 2018 (“Offers”) as follows:
| Offer number | Share class | Average price per share | Number of shares allotted |
| 1 | Ordinary Shares of 0.1p each | 123.13p | 503,500 |
| 1 | ‘A’ Shares of 0.1p each | 0.1p | 503,500 |
| 2 | Ordinary Shares of 0.1p each | 124.13p | 563,878 |
| 2 | ‘A’ Shares of 0.1p each | 0.1p | 563,878 |
The Offers are now closed.
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 30 October 2018.
As per the terms of the Offers, the Company also announces that it has allotted 1,037,284 A Shares to Gresham House Asset Management Limited (“Management Shares”) at an issue price of 0.1p per share as part of the Performance Incentive Scheme described in the Top Up Offers for Subscription document (“offer document”).
Following this allotment, the issued share capital (excluding shares held in Treasury) and total voting rights of the Company are as follows:
| Share class | Issued share capital | Voting rightsper share | Voting rights |
| Ordinary Shares | 26,685,774 | 1,000 | 26,685,774,000 |
| ‘A’ Shares | 40,016,583 | 1 | 40,016,583 |
| 26,725,790,583 |