Hargreave Hale AIM VCT PLC Completes Share Purchase for Cancellation

Author: Logan Wright Updated: 01-30-2025 11:45 AM

Hargreave Hale AIM VCT PLC Announces Share Purchase

On a recent date, Hargreave Hale AIM VCT PLC, hereafter referred to as the Company, made a significant move concerning its shareholding structure. The Company purchased a total of 320,857 ordinary shares at a notable price of 35.66 pence per share. This strategic decision was made specifically for cancellation purposes.

Impact of the Share Purchase on Company Shares

Following this purchase, the total number of ordinary shares still issued by the Company stands at 366,061,191. Each of these shares is valued at 1 penny and holds one vote in any future company decision-making processes. It's essential to note that the Company does not possess any shares in Treasury, thus all shares are actively traded in the market.

Understanding Voting Rights Post-Purchase

With the completion of this share purchase and corresponding cancellation, the total voting rights available in the Company have been reaffirmed at 366,061,191. This figure serves a distinct purpose; it will assist shareholders in determining whether they must disclose their share interest or any changes therein under the relevant Disclosure and Transparency Rules. Shareholders often rely on this number to gauge their standing in the Company's share capital.

Contact Information for Inquiries

For any questions or further clarifications regarding this transaction, interested parties can reach out to JTC (UK) Limited, the Company Secretary. The contact persons overseeing inquiries are Uloma Adighibe and Alexandria Tivey. They can be contacted via email at HHV.CoSec@jtcgroup.com or through phone at +44 203 832 3877 and +44 203 832 3891.

Additionally, it's worth mentioning the Company's Legal Entity Identifier (LEI) which is 213800LRYA19A69SIT31, ensuring greater transparency in dealings and regulatory compliance.

Frequently Asked Questions

What is the purpose of the share purchase by Hargreave Hale AIM VCT PLC?

The share purchase was made for cancellation, reducing the number of shares in circulation, which can benefit shareholders by increasing their proportional ownership.

How many shares remain in issue after the purchase?

After the cancellation of the purchased shares, there are 366,061,191 ordinary shares remaining in issue.

What are the voting rights associated with the shares?

Each ordinary share carries one vote, which means all remaining shares allow shareholders to participate in decision-making processes.

Who should I contact for more information regarding this transaction?

For inquiries, you can contact JTC (UK) Limited, specifically Uloma Adighibe and Alexandria Tivey.

What is the Legal Entity Identifier (LEI) of the Company?

The Company's LEI is 213800LRYA19A69SIT31, which is a unique identifier for regulatory purposes.

About The Author

Dedicated Author and financial expert Logan Wright here, 29 years old. After earning an economics degree, I spent a number of years working in different financial industries. My great passion is enabling everyone, from any background or experience level, to understand and be literate in financial matters.

My books and writings are centered on simplifying difficult financial ideas into doable, understandable guidance. Whether it's retirement planning, investing, or budgeting, I want to arm readers with the information they need to make wise financial choices and realize their financial objectives.

Apart from writing, I also frequently post to financial blogs and organize webinars and workshops targeted at enlightening participants about personal finance. Always, my strategy is to offer concise, doable advice that can truly improve people's lives.

Away from work, I like to read, travel, and sample new foods. My goal is to infuse everything I do with the balance that I think is essential to both financial and personal well-being. By my profession, I want to encourage and enable people to confidently and clearly take charge of their financial futures.

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