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Hazel Renewable Energy VCT 2 plc : Issue of Equity

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.

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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




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Hazel Renewable Energy VCT 2 plc via GlobeNewswire

HUG#2182300