Hargreave Hale AIM VCT 1 was originally launched in August 2004 as the Keydata AIM VCT. On 30 September 2009 the company was renamed Hargreave Hale AIM VCT 1 plc. The company initially raised £14.3 million through an ordinary share issue in 2004/5. A further £17.9 million was then raised in 2005/6 through a C share issue. The C shares were converted into ordinary shares on 8 October 2008 on a relative value basis. Between 2010 and 2013 a further £4.4 million was raised through subsequent offers. In 2012, £5.2 million was raised by way of an enhanced share buy back. Hargreave Hale has been the appointed Investment Manager and custodian of the company’s assets since inception.