Fundraising Update

RNS Number : 5359E

Mobeus Income & Growth 2 VCT PLC

28 February 2020

 

Mobeus Income & Growth 2 VCT plc

Fundraising Update

Mobeus Income & Growth 2 VCT plc (MIG 2) ,  Mobeus Income & Growth VCT plc, Mobeus Income & Growth 4 VCT plc and The Income & Growth VCT plc (together the Companies)  issued a prospectus ( constituted by a summary, securities note and registration document)  dated 25 October 2019 (Prospectus) relating to the offers for subscription  to raise , in aggregate, up to £38 million, with over-allotment facilities to raise, in aggregate, up to a further £20 million through the issue of ordinary shares of 1p each in the capital of each Company (Offers and each an Offer).  

The Companies issued a Second Supplementary Prospectus on 7 February 2020, which referred to an announcement by MIG 2 on 6 February 2020 of the MIG 2 Board's decision to increase its Offer size to raise up to a further £2.1 million, in the case of MIG 2 only.

That announcement on 6 February 2020 had stated that this increase was expected to be fully satisfied by applications already received in respect of the Offers. The MIG 2 Board is pleased to announce that this has been the case and accordingly this £2.1 million Offer increase has been satisfied and remains closed to further applications.

For further information please contact:

Mobeus Equity Partners LLP, the Company Secretary

020 7024 7600

 

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