HR2O Hazel Renew 2

 
TIDMHR2O 
 
   Hazel Renewable Energy VCT1 plc (Legal Entity Identifier: 
213800IVQHJXUQBAAC06) 
 
   Hazel Renewable Energy VCT2 plc (Legal Entity Identifier: 
213800GQ3JQE2M214C75) 
 
   ("the Companies") 
 
   Top-up Offer for Subscription 
 
   14 March 2018 
 
   The Companies announce that they have published an offer document (the 
"Offer Document") seeking to raise up to GBP4.4 million in aggregate 
through offers for subscription (the "Offers") of new ordinary shares 
and A shares of 0.1p each ("New Shares"). 
 
   The Offers open on 14 March 2018 and will close on 26 April 2018 or as 
soon as the Offers are fully subscribed or such earlier time as the 
directors of the Companies in their absolute discretion may decide. 
 
   Pursuant to an agreement (the "Offer Agreement") between the Company and 
Gresham House Asset Management Limited, the Companies' investment 
adviser (the "Investment Adviser"), the Investment Adviser will receive 
a fee of: 
 
 
   --  4% of the gross funds raised under the Offers from applications received 
      through an intermediary to whom it is required to pay commission; and 
 
   -- 2% of the gross funds raised under the Offers from applications received 
      where no commission is payable 
 
 
   for acting as promoter of the Offers. Out of the fee, the Investment 
Adviser will pay all costs of the Offers, including any commissions 
relating to execution-only transactions (excluding trail commission) and 
also listing expenses. 
 
   A copy of the Offer Document is available free of charge from the 
registered office of the Companies or from: 
 
   Gresham House Asset Management Limited 
 
   5 Cheapside 
 
   London EC2V 6AA 
 
   A downloadable version of the Offer Document is also available from 
https://www.downing.co.uk/h1 
 
   A copy of the Offer Document will be submitted to the National Storage 
Mechanism and will shortly be available for viewing online at 
http://www.morningstar.co.uk/uk/NSM 
 
   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 
 
 
  http://www.hazelcapital.com 
 

(END) Dow Jones Newswires

March 14, 2018 10:15 ET (14:15 GMT)

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