Cancellation of Ordinary Shares

20 Dec 2013 07:00

Ingenious Entertainment VCT 1 plc

The board of Ingenious Entertainment VCT 1 plc (the “Company”), is pleased to announce that on 18 December 2013 the High Court of Justice of England and Wales made an order (the "Court Order") sanctioning the resolutions passed by the Company in general and class meetings held on 28 November 2013 by which the Company’s capital is reduced (the “Reduction of Capital”) by the cancellation and extinguishment of all of its Ordinary Shares of 1p each (“Ordinary Shares”).

As set out in the circular to shareholders dated 1 November 2013, in order for the Reduction of Capital to become effective, the Court Order was required to be delivered to the Registrar of Companies. The Court Order was delivered to the Registrar of Companies and accepted and registered on 19 December 2013. Accordingly the Reduction of Capital became effective on that date and the Ordinary Shares were cancelled and extinguished. The Ordinary Shares will, therefore, be removed from the Official List and their admission to trading on the London Stock Exchange will be cancelled with effect from 8.00 am on 20 December 2013.

Name of contact and telephone number for enquiries:

Sarah CruickshankCompany SecretaryIngenious Entertainment VCT 1 plc15 Golden SquareLondonW1F 9JG020 7319 4000

Justin Griffiths/Carmen MurrayPowerscourt Group0207 250 1446

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