Hazel Renewable Energy VCT1 plc
Hazel Renewable Energy VCT2 plc
18 February 2016
Offers for Subscription
Hazel Renewable Energy VCT1 plc and Hazel Renewable Energy VCT2 plc (the "Companies") announce that they have today published a Prospectus (comprising a Securities Note, Registration Document and Summary) to raise up to £15 million (the "Offers") through a new share class issue. The Companies will shortly be publishing a circular (the "Circular") seeking shareholder approval for matters in connection with the Offers and giving notice for General and Class Meetings to be held on 14 March 2016.
The Offers opened on 18 Ferbuary 2016 and are expected to close no later than 12.00pm on 1 April 2016 (unless previously extended). The Offers are for up to £15,000,000 of new B Shares in the Companies.
A downloadable version of the Securities Note will shortly be available from www.hazelcapital.com/current-offers/
A copy of the Prospectus (comprising a Securities Note, Registration Document and Summary) and Circular is available, free of charge, from the Company's investment adviser, Hazel Capital LLP, at 2nd Floor 227 Shepherds Bush Road, London, W6 7AS.
In accordance with the Prospectus Rules, the Prospectus and Circular will be submitted to the National Storage Mechanism and will shortly be available for inspection at: www.hemscott.com/nsm.do