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30 May 2008 15:25
For Immediate Release 30 May 2008
Hygea VCT plc
("Hygea" or "the Company")
Issue of Equity and Total Voting Rights
The directors of Hygea VCT plc (the "Company") are pleased to announce an allotment on 30 May 2008 of 2,000 ordinary shares of 50 pence each ("Ordinary Shares") at a price of 50 pence each pursuant to the 10% Top Up Offer announced on 19 March 2008.
Application will be made for the Ordinary 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 and dealings are expected to commence within the next ten days.
The Offer has been extended from 30 May 2008 to 31 July 2008 unless previously extended or fully subscribed earlier.
In conformity with the provisions of the FSA's Disclosure and Transparency Rules, as at 30 May 2008, the Company issued capital consists of 7,682,191 Ordinary Shares. The Company does not hold any shares in treasury.
The total number of voting rights in the Company is 7,682,191 and this is the figure which may be used by shareholders as the denominator for the calculations by which they will determine, if they are required to notify their interest in, or a change in their interest in, the Company under the FSA's Disclosure and Transparency Rules.
For further information please contact:
Beaumont Cornish Limited
5th Floor,10-12 Copthall Avenue
London EC2R 7DE
Tel: 020 7628 3396
Fax: 020 7628 3393.
Contact: Neil Osmond, Company Secretary, Hygea VCT plc on 020 7866 5420 or hygea@noandco.co.uk
Roland Cornish, Beaumont Cornish Limited on 020 7628 3396
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