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 |