Hazel Renewable Energy VCT1 plc - Issue of Equity

Hazel Renewable Energy VCT1 plc
LEI: 213800IVQHJXUQBAAC06

Issue of equity
1 October 2018

The Directors of Hazel Renewable Energy VCT1 plc (“Hazel 1”) announce allotments on 28, 29 and 30 September 2018 pursuant to the Top Up Offers for Subscription that opened on 17 September 2018 (“Offers”) as follows:

Date	Offer number	Share class	Average price per share	Number of shares allotted
28/09/2018	1	Ordinary Shares of 0.1p each	123.52p	173,923
28/09/2018	1	‘A’ Shares of 0.1p each	0.1p	173,923
28/09/2018	2	Ordinary Shares of 0.1p each	122.58p	81,514
28/09/2018	2	‘A’ Shares of 0.1p each	0.1p	81,514
29/09/2018	1	Ordinary Shares of 0.1p each	124.52p	400,896
29/09/2018	1	‘A’ Shares of 0.1p each	0.1p	400,896
29/09/2018	2	Ordinary Shares of 0.1p each	123.84p	104,887
29/09/2018	2	‘A’ Shares of 0.1p each	0.1p	104,887
30/09/2018	1	Ordinary Shares of 0.1p each	124.81p	259,382
30/09/2018	1	‘A’ Shares of 0.1p each	0.1p	259,382
30/09/2018	2	Ordinary Shares of 0.1p each	124.43p	441,673
30/09/2018	2	‘A’ Shares of 0.1p each	0.1p	441,673

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 5 October 2018.

Included in the above are allotments on 28 September 2018 to Directors and PDMRs as follows:

Director/PDMR		Shares Allotted	Share class	Issue price	Shareholding after transaction	% of shares in issue
Gillian Nott	Chairman	24,953	Ordinary shares	120.2p	24,953	0.10%
Gillian Nott	Chairman	24,953	A shares	0.1p	24,953	0.07%

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

Share class	Issued share  capital	Voting rights per share	Voting rights
Ordinary Shares	24,694,442	1,000	24,694,442,000
‘A’ Shares	37,034,352	1	37,034,352
			24,731,476,352