Offer Update
15 April 2021
HARGREAVE HALE AIM VCT PLC
(the “Company”)
Close of Offer to Further Applications
On 2 September 2020, the Company launched an offer for subscription (the “Offer”) of Ordinary Shares of 1p each in the capital of the Company to raise up to £20 million, together with an Over-allotment facility of up to a further £10 million. Full details of the Offer are contained in a prospectus which was published by the Company on 2 September 2020 and a supplementary prospectus published on 8 January 2021.
On 7 January 2021, the Company announced that it had received valid applications in excess of £19 million and therefore intended to utilise the £10 million Over-allotment Facility. On 15 February 2021, the Company confirmed it had received valid applications in respect of the full £10 million Over-allotment facility.
The Directors of the Company today announce that the Offer is now fully subscribed and closed for further applications.
Terms defined in the Prospectus have the same meaning where used in this announcement.
END
For further information, please contact:
| JTC (UK) Limited Susan.Fadil Ruth Wright | 5 1 |
LEI: 213800LRYA19A69SIT31
