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Pin to quick picksHargreave Regulatory News (HHV)

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Hargreave Hale AIM VCT is an Investment Trust

To achieve long term capital growth and to maximise tax free distributions to shareholders by investing in a diversified portfolio of small UK companies primarily trading on AIM.

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Update on Offer for Subscription

25 Aug 2022 16:23

Update on Offer for Subscription

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION. THE INFORMATION CONTAINED HEREIN DOES NOT CONSTITUTE AN OFFER OF SECURITIES FOR SALE IN ANY JURISDICTION, INCLUDING IN THE UNITED STATES, CANADA, AUSTRALIA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA.

HARGREAVE HALE AIM VCT PLC

LEI: 213800LRYA19A69SIT31

25 August 2022

Update on Offer for Subscription

Further to the announcement on 9 June 2022, the Board of Hargreave Hale AIM VCT plc (the "Company") is pleased to announce that the Company expects to open an offer for subscription (the "Offer") on or around 5 September 2022. It is expected that the Company will seek to raise no less than £20 million under the Offer.

In line with previous offers, Canaccord Genuity Wealth Limited ("CGWL") expects to offer an "early bird discount" of up to two per cent. on the application fee for those applications received by CGWL by 5.00 p.m. on Friday, 28 October 2022, subject to a maximum aggregate subscription under the "early bird offer" of £15 million. The two per cent. discount (to the standard 3.5 per cent. application fee) will only apply to applications which do not trigger the payment of introductory commission to a financial intermediary. In such cases, the available "early bird discount" will be one per cent. Discounts will be settled through the allotment of additional ordinary shares to the relevant subscriber.

Full details of the Offer will be set out in a prospectus to be published by the Company in connection with the Offer and a further announcement will be made upon the opening of the Offer.

For further information please contact:

Oliver Bedford, Canaccord Genuity Fund Management

Tel: 020 7523 4837

Important Information

CGWL reserves the right to vary the terms of the ‘early bird offer’, including to revoke such offer, at any time and in its sole discretion.

This announcement and the information contained herein is not intended to, and does not, constitute or form part of any offer, invitation, or the solicitation of an offer, to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of any securities or the solicitation of any vote or approval in any jurisdiction. The Offer, if made, will be made solely by certain offer documentation which will contain the full terms and conditions of the Offer, including details of how it may be accepted.

The distribution of this announcement in jurisdictions other than the United Kingdom and the availability of the Offer to persons who are not resident in the United Kingdom may be affected by the laws of relevant jurisdictions. Therefore any persons who are subject to the laws of any jurisdiction other than the United Kingdom will need to inform themselves about, and observe, any applicable requirements.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION. THE INFORMATION CONTAINED HEREIN DOES NOT CONSTITUTE AN OFFER OF SECURITIES FOR SALE IN ANY JURISDICTION, INCLUDING IN THE UNITED STATES, CANADA, AUSTRALIA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA.

HARGREAVE HALE AIM VCT PLC

LEI: 213800LRYA19A69SIT31

23 August 2022

Update on Offer for Subscription

Further to the announcement on 9 June 2022, the Board of Hargreave Hale AIM VCT plc (the "Company") is pleased to announce that the Company expects to open an offer for subscription (the "Offer") on or around 5 September 2022. It is expected that the Company will seek to raise no less than £20 million under the Offer.

In line with previous offers, Canaccord Genuity Wealth Limited ("CGWL") expects to offer an "early bird discount" of up to two per cent. on the application fee for those applications received by CGWL by 5.00 p.m. on Friday, 28 October 2022, subject to a maximum aggregate subscription under the "early bird offer" of £15 million. The two per cent. discount (to the standard 3.5 per cent. application fee) will only apply to applications which do not trigger the payment of introductory commission to a financial intermediary. In such cases, the available "early bird discount" will be one per cent. Discounts will be settled through the allotment of additional ordinary shares to the relevant subscriber.

Full details of the Offer will be set out in a prospectus to be published by the Company in connection with the Offer and a further announcement will be made upon the opening of the Offer.

For further information please contact:

Oliver Bedford, Canaccord Genuity Fund Management

Tel: 020 7523 4837

Important Information

CGWL reserves the right to vary the terms of the ‘early bird offer’, including to revoke such offer, at any time and in its sole discretion.

This announcement and the information contained herein is not intended to, and does not, constitute or form part of any offer, invitation, or the solicitation of an offer, to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of any securities or the solicitation of any vote or approval in any jurisdiction. The Offer, if made, will be made solely by certain offer documentation which will contain the full terms and conditions of the Offer, including details of how it may be accepted.

The distribution of this announcement in jurisdictions other than the United Kingdom and the availability of the Offer to persons who are not resident in the United Kingdom may be affected by the laws of relevant jurisdictions. Therefore any persons who are subject to the laws of any jurisdiction other than the United Kingdom will need to inform themselves about, and observe, any applicable requirements.

 

Date   Source Headline
20th Apr 20214:26 pmGNWNet Asset Value(s)
15th Apr 20215:16 pmGNWTransaction in Own Shares
15th Apr 20217:00 amGNWOffer Update
13th Apr 20213:48 pmGNWNet Asset Value(s)
13th Apr 202111:11 amGNWIssue of Equity
7th Apr 20212:00 pmGNWNet Asset Value(s)
1st Apr 20211:33 pmGNWTransaction in Own Shares
1st Apr 20211:31 pmGNWTotal voting rights
30th Mar 20214:40 pmGNWNet Asset Value(s)
23rd Mar 20214:58 pmGNWTransaction in Own Shares
23rd Mar 20211:01 pmGNWNet Asset Value(s)
17th Mar 20214:29 pmGNWTransaction in Own Shares
16th Mar 20214:16 pmGNWNet Asset Value(s)
9th Mar 20214:13 pmGNWNet Asset Value(s)
5th Mar 20211:53 pmGNWTransaction in Own Shares
2nd Mar 20215:47 pmGNWNet Asset Value(s)
1st Mar 20215:40 pmGNWDirector/PDMR Shareholding
1st Mar 20219:44 amGNWTotal voting rights
1st Mar 20219:43 amGNWIssue of Equity
26th Feb 202112:26 pmGNWIssue of Equity
25th Feb 202110:05 amGNWInterim Management Statement
24th Feb 20215:04 pmGNWTransaction in Own Shares
23rd Feb 20213:48 pmGNWNet Asset Value(s)
17th Feb 20215:34 pmGNWTransaction in Own Shares
16th Feb 20214:46 pmGNWNet Asset Value(s)
15th Feb 20218:49 amGNWOffer Update
12th Feb 20213:37 pmGNWIssue of Equity - Update
12th Feb 20219:48 amGNWDirector/PDMR Shareholding
11th Feb 20215:28 pmGNWTransaction in Own Shares
11th Feb 20213:28 pmGNWIssue of Equity
10th Feb 20213:41 pmGNWIssue of Equity
9th Feb 20215:11 pmGNWNet Asset Value(s)
4th Feb 20214:20 pmGNWDirectorate change
4th Feb 202111:41 amGNWResult of AGM
2nd Feb 20215:31 pmGNWNet Asset Value(s)
1st Feb 20218:00 amGNWTotal voting rights
28th Jan 20214:56 pmGNWStatement re DRIS Issue Price
27th Jan 20215:51 pmGNWTransaction in Own Shares
26th Jan 20215:32 pmGNWNet Asset Value(s)
19th Jan 20215:01 pmGNWNet Asset Value(s)
14th Jan 20214:47 pmGNWIssue of Equity
13th Jan 20214:51 pmGNWTransaction in Own Shares
12th Jan 20215:06 pmGNWNet Asset Value(s)
12th Jan 202110:14 amGNWCompany Secretary Change
8th Jan 20215:01 pmGNWPublication of a supplementary prospectus
8th Jan 20212:12 pmGNWNet Asset Value(s)
7th Jan 20215:13 pmGNWOffer Update
7th Jan 20215:12 pmGNWDividend Declaration - Correction
4th Jan 20211:51 pmGNWTotal voting rights
29th Dec 20204:52 pmGNWNet Asset Value(s)

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