Hargreave Hale AIM VCT PLC Announces Share Purchase
Hargreave Hale AIM VCT plc is excited to share news about a significant transaction involving the purchase of shares for cancellation. This initiative demonstrates the Company’s ongoing commitment to refining its share structure and enhancing value for its shareholders.
Details of the Share Purchase
Recently, the Company acquired 246,878 ordinary shares, purchasing them at a price of 39.85 pence each. This acquisition was carried out on the specified date and aims to decrease the total number of shares available in the market.
Impact on Shares in Circulation
After the cancellation of these shares, the total number of ordinary shares outstanding will be 366,106,441. Each share, which has a nominal value of 1 penny, provides one vote, thereby contributing to the voting rights of shareholders.
Current Voting Rights
With the cancellation of the acquired shares, the total voting rights in Hargreave Hale AIM VCT PLC will now be 366,106,441. This updated number is essential for shareholders as they evaluate their holdings and any required reporting under the Disclosure and Transparency Rules.
Company’s Shareholding Strategy
The Company does not retain any ordinary shares in Treasury, which highlights its strategy focused on promoting transparency and efficiency in share transactions. This approach aligns with the Company’s goals of maintaining an optimal equity capital structure.
Conclusion
This recent transaction represents a proactive step by Hargreave Hale AIM VCT PLC, emphasizing its commitment to sustaining an efficient capital structure while effectively addressing shareholder interests.
Contact Information
For any questions or additional information, shareholders and interested parties are encouraged to reach out to JTC (UK) Limited using the following contact details:
Email: HHV.CoSec@jtcgroup.com
Phone Contacts:
Uloma Adighibe: +44 203 832 3877
Alexandria Tivey: +44 203 832 3891
Frequently Asked Questions
What was the purpose of the share purchase?
The purpose of the share purchase was to cancel shares in order to optimize the Company’s share structure.
How many shares were purchased by Hargreave Hale AIM VCT PLC?
Hargreave Hale AIM VCT PLC purchased a total of 246,878 ordinary shares for cancellation.
What is the new number of voting shares in circulation?
After the cancellation, the number of ordinary shares remaining in issue will be 366,106,441.
What will be the total voting rights after the share cancellation?
Following the cancellation, the total voting rights in the Company will stand at 366,106,441.
Who should be contacted for inquiries regarding this announcement?
For inquiries, please contact JTC (UK) Limited via the email or phone numbers provided in the contact section above.
