Hazel Renewable Energy VCT 1 plc : Issue of Equity

Hazel Renewable Energy VCT1 plc
LEI: 213800IVQHJXUQBAAC06
Hazel Renewable Energy VCT2 plc
LEI: 213800GQ3JQE2M214C75

Issue of equity
5 April 2018

The Directors of Hazel Renewable Energy VCT1 plc ("Hazel 1") and Hazel Renewable Energy VCT2 plc ("Hazel 2") announce allotments on 5 April 2018 pursuant to the joint Offer for Subscription that opened on 14 March 2018 ("Offer") as follows:

Company	Share class	Average price per share	Number of shares allotted
Hazel 1	Ordinary Shares of 0.1p each	125.58p	552,972
Hazel 1	'A' Shares of 0.1p each	0.1p	552,972
Hazel 2	Ordinary Shares of 0.1p each	124.77p	824,844
Hazel 2	'A' Shares of 0.1p each	0.1p	824,844

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 11 April 2018.

Included in the above are allotments to Directors and PDMRs as follows:

Company	Director/PDMR		Ordinary Shares Allotted	'A' Shares Allotted
Hazel 1	Ben Guest	PDMR	80,390	80,390
Hazel 2	Christian Yates	Director	8,116	8,166

Following this allotment, the issued share capital and total voting rights of the Companies are as follows:

Company	Share class	Issued share  capital	Voting rights per share	Voting rights
Hazel 1	Ordinary Shares	22,302,467	1,000	22,302,467,000
Hazel 1	'A' Shares	34,642,377	1	34,642,377
				22,337,109,377
Hazel 2	Ordinary Shares	23,086,083	1,000	23,086,083,000
Hazel 2	'A' Shares	35,379,608	1	35,379,608
				23,121,462,608

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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Hazel Renewable Energy VCT 1 plc via Globenewswire