Hazel Renewable Energy VCT1 plc
Hazel Renewable Energy VCT2 plc
Issue of Equity
28 March 2011
The Boards of Hazel Renewable Energy VCT1 plc ("Hazel 1") and Hazel Renewable
Energy VCT2 plc ("Hazel 2") announce allotments which took place on 28 March
2011 in respect of funds of £270,000 that have been raised under the joint
Offers for Subscription of the companies that opened on 20 October 2010.
Details of the allotments of ordinary shares of 0.1p each (Ordinary Shares) and
A shares of 0.1p each (A Shares) which took place on 28 March 2011 are as
follows:
  Issue price Number of
Company Share class per share shares allotted
Hazel 1 Ordinary Shares 99.9p 160,025
Hazel 1 A Shares 0.1p 160,025
Hazel 2 Ordinary Shares 99.9p 125,370
Hazel 2 A Shares 0.1p 125,370
This brings the total number of shares allotted under the Offers for
Subscription to 18,734,020 Ordinary Shares and 18,734,020 A Shares.
Application for the Ordinary Shares and A Shares of both companies 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 at the
earliest practical opportunity.
The Offers for Subscription are expected to remain open until 5 April 2011 in
respect of the 2010/2011 tax year and 30 April 2011 in respect of the 2011/2012
tax year unless previously extended or fully subscribed earlier.
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Hazel Renewable Energy VCT 2 plc via Thomson Reuters ONE
[HUG#1501055]
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