FAMT Fram.Aim Vct2

 
TIDMFAMT 
 
FRAMLINGTON AIM VCT 2 PLC 
 
Issue of Equity 
 
20 July 2010 
 
Framlington AIM VCT 2 PLC (the "Company") announces that it has allotted and 
issued, subject to Admission, 145,694 new ordinary shares of nominal value 10p 
each under its dividend reinvestment scheme (the "Dividend Reinvestment 
Scheme"). 
 
The new ordinary shares are being issued as a result of elections received 
pursuant to the Dividend Reinvestment Scheme in respect of the final dividend 
for the financial period to 28 February 2010 of 4.00 pence per ordinary share 
payable to those shareholders on the Company's share register as at 11 June 
2010. Elections in respect of 1,738,745 ordinary shares were received, 
representing 5.8 per cent. of the Company's issued share capital. 
 
As set out in the circular to shareholders dated 29 June 2009 (the "Circular"), 
the reference price for the issue of new ordinary shares under the Dividend 
Reinvestment Scheme is the greater of (i) the net asset value per ordinary 
share; (ii) the nominal value per ordinary share of 10p; and (iii) the 
mid-market price per ordinary share, each as at the close of business on the 
business day preceding the date of issue of the new ordinary shares. As at 19 
July 2010, the business day preceding the date of issue of the new ordinary 
shares, the net asset value per ordinary share was 47.73 pence and the closing 
mid market price per ordinary share was 37.50 pence. Accordingly the net asset 
value of 47.73 pence constitutes the reference price. As a result, a 
shareholder electing to reinvest its dividends will receive one new ordinary 
share for every 47.73 pence otherwise payable as a cash dividend on shares 
registered in its name on the Record Date in respect of which it has elected to 
participate in the Dividend Reinvestment Scheme. 
 
Application has been made to the UK Listing Authority and to the London Stock 
Exchange plc respectively for 145,694 new ordinary shares to be admitted to 
listing on the Official List of the UK Listing Authority and to trading on the 
London Stock Exchange's main market for listed securities (together, 
"Admission"). 
 
It is expected that Admission will occur and dealings will commence in the new 
ordinary shares on 21 July 2010. 
 
The new ordinary shares will rank pari passu in all respects with the Company's 
existing issued ordinary shares. 
 
A copy of the Circular relating to the Dividend Reinvestment Scheme is 
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 
 
Further information can be obtained from AXA Framlington as follows: 
 
Free investor helpline: 0845 777 5511 
 
Email address: contact@axa-im.com 
 
AXA Investment Managers UK Limited 
 
 
 
END 
 

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