Issue of Equity


Hargreave Hale AIM VCT 2 Plc

(the “Company”)

15 March 2016

Allotment of Shares

Further to an offer for subscription of ordinary shares of 1p each in Hargreave Hale AIM VCT 1 plc to raise up to £15,000,000 and ordinary shares of 1p each in Hargreave Hale Aim VCT 2 plc to raise up to £10,000,000 pursuant to a prospectus dated 1 December 2015 and a supplementary prospectus dated 17 December 2015, the Company announces an allotment 15 March 2016 of 917,665 Ordinary Shares in the Company pursuant to the Offer.

The offer price at which the Ordinary Shares were allotted was 106.24p per Ordinary Share, which was calculated by reference to the net asset value of an Ordinary Share in the Company on 11 March 2016 (as announced on 14 March 2016) divided by 0.965 (to allow for issue costs of the Offer).

Following this allotment the total number of Ordinary Shares in issue is 30,424,749. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Disclosure and Transparency Rules.

Application will shortly be made for the Ordinary Shares so allotted 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, and dealings are expected to commence on or around the 18 March 2016. Definitive documents of title are expected to be despatched within 15 business days of allotment.

For further information please contact:

Stuart Brookes

Company Secretary – Hargreave Hale AIM VCT 2 Plc

Tel 0207 009 4987

Short Name: Hargreave Hale AIM 2
Category Code: IOE
Sequence Number: 515795
Time of Receipt (offset from UTC): 20160315T154334+0000


Hargreave Hale AIM 2


Hargreave Hale AIM 2