Hargreave Hale AIM 2 Hargreave Hale Aim Vct 2 Plc : Offer Update
March 10 2017 - 6:01AM
UK Regulatory
TIDMHHVT
Hargreave Hale AIM VCT 2 plc
Offers for Subscription - Update
On 14 December 2016, Hargreave Hale AIM VCT 1 plc and Hargreave Hale AIM
VCT 2 plc (together "the Companies") launched an offer for subscription
of ordinary shares of 1p each to raise in aggregate up to GBP20 million
("the Offers" and each an "Offer"). Full details of the Offers are
contained in a prospectus ("the Prospectus"), which was published by the
Companies on 14 December 2016.
The directors of Hargreave Hale AIM VCT 2 plc are pleased to announce
that, on the basis of Subscription Forms received as at close of
business on 9 March 2017, the Hargreave Hale AIM VCT 2 plc Offer is
fully allocated in respect of the GBP10 million initially sought.
On 9 March 2017, the board of Hargreave Hale AIM VCT 2 plc announced
that it does not intend to use its Over-Allotment Facility in relation
to the current 2016/2017 tax year but reserves the right to utilise the
Over-Allotment Facility in relation to the Offer in the 2017/2018 tax
year. The Over-Allotment Facility will not be made available before the
start of the 2017/2018 tax year. The board of Hargreave Hale AIM VCT 2
plc will update the market in due course.
For further information please contact:
Stuart Brookes
Company Secretary - Hargreave Hale AIM VCT 2 Plc
Tel 01253 754740
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: Hargreave Hale AIM VCT 2 plc via Globenewswire
https://hargreaveaimvcts.co.uk/
(END) Dow Jones Newswires
March 10, 2017 07:01 ET (12:01 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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