Overview of Recent Share Purchase by Hargreave Hale AIM VCT PLC
In an important financial move, Hargreave Hale AIM VCT PLC has made a notable announcement regarding its recent share transactions. The Company, recognized under the ticker LSE:HHV, executed a purchase of shares amounting to 61,943 ordinary shares at a valuation of 33.86 pence each. This decision was made as part of their strategy to manage stock and enhance shareholder value by cancelling the shares bought.
Details of the Share Cancellation
The purchase and subsequent cancellation of these shares reflect Hargreave Hale AIM VCT PLC's ongoing initiative to maintain an efficient capital structure. Following this transaction, the total number of ordinary shares in circulation will consist of 371,920,517 shares, each with a nominal value of 1 penny. These shares will bear one voting right each, thus continuing to empower shareholders regarding their voting capabilities.
Implications for Shareholders
It’s crucial for existing shareholders to take note of these adjustments. Since the Company does not maintain any shares in Treasury, the total voting rights available within Hargreave Hale AIM VCT PLC will stand firmly at 371,920,517. This figure serves as a definitive number for shareholders, especially when determining their respective influence in the Company’s share capital.
Understanding the Disclosure and Transparency Rules
In compliance with the Disclosure and Transparency Rules, shareholders will utilize this total voting rights figure as a denominator. This number is vital for calculating notifications about changes in shareholdings or interests among shareholders, ensuring that everyone is informed and transparent about their stakes in the Company.
Contact Information for Further Inquiries
For any shareholders or interested parties seeking more information, they can reach out directly to the Company’s appointed representatives at JTC (UK) Limited. The contact persons for this matter include Uloma Adighibe and Alexandria Tivey, who can be contacted via email at HHV.CoSec@jtcgroup.com or by phone at +44 203 832 3877 and +44 203 832 3891, respectively.
Company Information
Hargreave Hale AIM VCT PLC operates under the LEI code 213800LRYA19A69SIT31, which can be referenced for regulatory and operational purposes. This regulatory code is pivotal for identifying the Company in financial transactions and compliance matters.
Frequently Asked Questions
What was the recent share purchase by Hargreave Hale AIM VCT PLC?
The Company purchased 61,943 ordinary shares for cancellation at a price of 33.86 pence per share.
How many shares remain after the cancellation?
After the cancellation, there will be 371,920,517 ordinary shares remaining in issue.
What are the implications of the purchase for voting rights?
The total voting rights in the Company will be equivalent to the remaining shares, which stands at 371,920,517.
Who can shareholders contact for more information?
Shareholders can reach out to JTC (UK) Limited for inquiries, specifically Uloma Adighibe and Alexandria Tivey.
What LEI code identifies Hargreave Hale AIM VCT PLC?
The Company’s LEI code is 213800LRYA19A69SIT31.
