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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
29th Jul 20205:04 pmGNWTransaction in Own Shares
29th Jul 20209:56 amGNWNet Asset Value(s)
21st Jul 20205:10 pmGNWNet Asset Value(s)
17th Jul 20204:26 pmGNWTransaction in Own Shares
14th Jul 20204:21 pmGNWNet Asset Value(s)
10th Jul 20204:10 pmGNWTransaction in Own Shares
10th Jul 202010:26 amGNWNet Asset Value(s)
1st Jul 20203:27 pmGNWTotal voting rights
30th Jun 20202:08 pmGNWNet Asset Value(s)
25th Jun 202011:22 amGNWTransaction in Own Shares
23rd Jun 20204:33 pmGNWNet Asset Value(s)
23rd Jun 202010:32 amGNWDividend Declaration
23rd Jun 202010:28 amGNWHalf-year report
22nd Jun 20209:34 amGNWStatement re Intention to launch an offer for subscription
16th Jun 20201:00 pmGNWNet Asset Value(s)
10th Jun 20204:44 pmGNWTransaction in Own Shares
9th Jun 202010:55 amGNWNet Asset Value(s)
2nd Jun 20204:40 pmRNSNet Asset Value(s)
1st Jun 20204:13 pmRNSTotal voting rights
27th May 20204:35 pmRNSNet Asset Value(s)
18th May 20204:42 pmGNWClosed Period Notification
18th May 20204:34 pmGNWNet Asset Value(s)
15th May 20201:30 pmGNWTransaction in Own Shares
12th May 20205:04 pmGNWNet Asset Value(s)
12th May 20204:54 pmGNWInterim Management Statement
4th May 20204:40 pmGNWNet Asset Value(s)
1st May 20202:12 pmGNWTotal voting rights
22nd Apr 20204:33 pmGNWTransaction in Own Shares
21st Apr 20204:42 pmGNWNet Asset Value(s)
17th Apr 20204:47 pmGNWTransaction in Own Shares
16th Apr 20204:40 pmGNWNet Asset Value(s)
15th Apr 20204:57 pmGNWNet Asset Value(s)
1st Apr 20201:59 pmGNWTotal voting rights
30th Mar 20204:03 pmGNWNet Asset Value(s)
24th Mar 20204:03 pmGNWNet Asset Value(s)
17th Mar 20203:17 pmGNWNet Asset Value(s)
10th Mar 20203:47 pmGNWNet Asset Value(s)
5th Mar 20205:05 pmGNWTransaction in Own Shares
4th Mar 20203:01 pmGNWNet Asset Value(s)
3rd Mar 202010:56 amGNWTotal voting rights
25th Feb 20202:15 pmGNWNet Asset Value(s)
20th Feb 20204:30 pmGNWTransaction in Own Shares
18th Feb 20204:17 pmGNWNet Asset Value(s)
13th Feb 20202:21 pmGNWTransaction in Own Shares
11th Feb 20204:53 pmGNWNet Asset Value(s)
6th Feb 20201:09 pmGNWTransaction in Own Shares
4th Feb 20203:35 pmGNWResult of AGM
4th Feb 20203:33 pmGNWNet Asset Value(s)
3rd Feb 20202:09 pmGNWTotal voting rights
28th Jan 20204:59 pmGNWNet Asset Value(s)

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