Offer Update – Extension of Early Bird Discount Period

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN OR SOUTH AFRICA OR ANY JURISDICTION FOR WHICH THE SAME COULD BE UNLAWFUL. 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        

9 December 2024

Offer Update – Extension of Early Bird Discount Period

On 9 October 2024, Hargreave Hale AIM VCT plc (the “Company”) launched an offer for subscription to raise up to £20 million (the “Offer"). Full details of the Offer are contained in a prospectus (the “Prospectus"), which is available on the Company's website (www.hargreaveaimvcts.co.uk).

As part of the Offer, Canaccord Genuity Asset Management Limited is offering an early bird discount of up to 2 per cent. on the initial fee, subject to a maximum aggregate subscription under the early bird offer of £10 million. The 2 per cent. discount (to the standard 3.5 per cent. initial fee) will only apply to applications which do not trigger the payment of introductory commission to a Financial Intermediary. In such cases, the available discount will fall to 1 per cent. Discounts are paid through the allotment of additional Offer Shares to the Investor.

The Board has decided to extend the deadline for the early bird offer to 5.00 p.m. on Friday, 20 December 2024, subject to the maximum aggregate subscription reaching £10 million before that point.

For further information please contact:

Oliver Bedford, Canaccord Genuity Asset Management Limited

Tel: [phone]

Important Information

This announcement is an advertisement for the purposes of the Prospectus Regulation Rules of the UK Financial Conduct Authority ("FCA") and is not a prospectus. This announcement does not constitute or form part of, and should not be construed as, an offer for sale or subscription of, or solicitation of any offer to subscribe for or to acquire, any ordinary shares in the Company in any jurisdiction, including in or into Australia, Canada, Japan, the Republic of South Africa, the United States or any member state of the EEA (other than any member state of the EEA where the Company's securities may be lawfully marketed). Investors should not subscribe for or purchase any ordinary shares referred to in this announcement except on the basis of information in the Prospectus in its final form, published on 9 October 2024 by the Company in connection with the Offer and the proposed admission of new ordinary shares to the Official List of the FCA and to trading on London Stock Exchange plc's main market for listed securities. A copy of the Prospectus is available for inspection, subject to certain access restrictions, from the Company's registered office, for viewing at the National Storage Mechanism at https://data.fca.org.uk/#/nsm/nationalstoragemechanism and on the Company's website (www.hargreaveaimvcts.co.uk). Approval of the Prospectus by the FCA should not be understood as an endorsement of the securities that are the subject of the Prospectus. Potential investors are recommended to read the Prospectus before making an investment decision in order to fully understand the potential risks and rewards associated with a decision to invest in the Company's securities.