Issue of Equity

20 Mar 2006 15:46

Close IHT AIM VCT PLC20 March 2006 Close IHT AIM VCT PLC ("the Company") Final Share issue and closure of Offers Allotment of 2,191,445 'A' Ordinary Shares and 6,195,175 'B' Ordinary Shares The Board of Close IHT AIM VCT PLC is pleased to announce that on 20 March 2006a further 2,190,934 'A' Ordinary Shares (ISIN code GB00B0WMLJ91) and 6,195,175'B' Ordinary Shares (ISIN code GB00B0WMLP51) were allotted under the currentOffers for Subscription. On the same date, a further 511 'A' Ordinary Shares(ISIN code GB00B0WMLJ91) were allotted pursuant to the Company's authority toissue up to 10% of the issued share capital of the Company to new investorsoutside of the Offers. These shares were also allotted at 100p per share. These allotments do not rank for the first interim dividend and will be subjectto separate ISIN codes (as detailed above) from those shares under the firstallotment under the Offers, which will rank for the first interim dividend. Dealings are expected to commence in the final shares allotted under the Offerson 21 March 2006 (and on 24 March 2006 in respect of the 511 'A' Ordinary Sharesissued for cash). The Offers have now closed. The Directors of the Company recognise that some potential investors may bedisappointed that the Offers have now closed. They may wish to considerinvesting in an AIM VCT with a similar strategy, which is also managed by thesame team at Close Brothers. Close Second AIM VCT PLC is similar in having twoshare classes on offer, one with IHT benefits. These offers remain open forsubscription. 20 March 2006 Further enquiries: Andrew Buchanan Close Investment Limited (Manager) Tel. 020-7426 4000 Ken Fleming Brewin Dolphin Tel. 0141 314 8114 This information is provided by RNS The company news service from the London Stock Exchange