EGM Statement

RNS Number : 4336P

Bluehone AIM VCT2 PLC

15 July 2010

 



To:                    RNS

From:                Bluehone AiM VCT2 plc

Date:                15 July 2010

Subject:            Enhanced Buy-Back Facility

Bluehone AiM VCT2 plc ("the Company")

The Company announces that at the General Meeting held on 15 July 2010, shareholders voted in favour of the resolution to authorise the Company to make market purchases of ordinary shares of 10p each ("Shares") in connection with the Enhanced Buy-back Facility. Accordingly this resolution was passed.

Under the Enhanced Buy-Back facility, the holders of Shares in the Company can apply to have their existing Shares bought back by the Company with the proceeds used to subscribe for new Shares under the Top-Up Offer. The maximum aggregate amount of Shares which may be bought back under the Enhanced Buy-back Facility is 8,903,930 Shares.

The proceeds of the buy back of Shares arising pursuant to the Enhanced Buy-back Facility will not be paid to shareholders and will only be used to apply for new Shares under the Top-Up Offer.

Documentation, including how to apply under the Enhanced Buy-back Facility and the Top-Up Offer, or under the Top-Up Offer alone, and the implications of doing so, has been sent to shareholders and is also available on the Company's website, www.bluehoneaimvct2.com

If you have any queries regarding the Enhanced Buy-back Facility and/or Top-up Offer, please contact:

Robert Mitchell

Bluehone Investors LLP

Tel: [phone]

Please note that no investment or tax advice can be given. Shareholders are further advised to consult their independent financial adviser.

A copy of the notice of resolution passed will be shortly available for inspection at the UK Listing Authority's Document Viewing Facility which is situated at:

Financial Services Authority
25 The North Colonnade
Canary Wharf
London E14 5HS
Telephone: [phone]

 

END

 

 

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