Hargreave Hale Aim VCT 2 PLC : Issue of Equity

Hargreave Hale AIM 2

Hargreave Hale AIM VCT 2 Plc
(the "Company")
27 June 2012
Allotment of Shares under Offer for Subscription

Further to an offer for subscription of ordinary shares of 1p each in Hargreave Hale AIM VCT 1 to raise up to £5,000,000, C Shares of 5p each in Hargreave Hale AIM VCT 1 to raise up to £10,000,000 and ordinary shares of 1p each in Hargreave Hale Aim VCT 2 to raise up to £10,000,000 pursuant to a prospectus dated 29 February 2012, the Company announces an allotment on 27 June 2012 of 45,870 Ordinary Shares in the Company pursuant to the Offer.

The offer price at which the Ordinary Shares were allotted was 96.64p per Ordinary Share, which was calculated by reference to the net asset value of an Ordinary Share in the Company on 22 June 2012 (as announced on 25 June 2012) divided by 0.95 (to allow for issue costs of 5.00 per cent).

Following this allotment the total number of Ordinary Shares in issue is 7,820,163

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 2 July 2012. 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 [phone]
[e-mail]

HUG#1622478