RNS Number:0968K
Arc Growth Company VCT plc
17 December 2007



For Immediate Release                                         17 December 2007

                           Arc Growth Company VCT plc
                          ("Arc VCT" or "the Company")

                    Result of Extraordinary General Meeting

                             Offer for Subscription


The Company is pleased to announce that at the Extraordinary General Meeting
held today at 10.45am at 22 Lovat Lane, London, EC3R 8EB all resolutions were
passed.

Accordingly the Directors are empowered to allot up to 7,500,000 new C Shares of
50p each at a price of 100p per share in relation to the Offer for Subscription
announced on 22 November 2007.

Application has been made to the UK Listing Authority for all of the Shares
being issued pursuant to the Offer to be admitted to the Official List.
Application has also been made to the London Stock Exchange for the Shares to be
admitted to trading on its market for listed securities.


For further information please contact:


Beaumont Cornish Limited
5th Floor
10-12 Copthall Avenue
London EC2R 7DE
Tel: 020 7628 3396
Fax: 020 7628 3393.


Contact: 

Graham Urquhart, Director, Arc VCT on 0203 216 2000
Roland Cornish and Felicity Geidt, Beaumont Cornish Limited on 020 7628 3396.




                      This information is provided by RNS
            The company news service from the London Stock Exchange

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