Issue of Equity

RNS Number : 2273E

Mobeus Income & Growth VCT PLC

09 March 2022

 

MOBEUS INCOME & GROWTH VCT PLC

(the "Company")

LEI: 213800HKOSEVWS7YPH79

Issue of Equity and Total Voting Rights

The Company announces that on 9 March 2022 it allotted and issued 12,233,462 new Ordinary Shares of 1p each ("Shares").  These new Shares in the Company have been issued pursuant to the Offer for subscription with The Income & Growth VCT plc, Mobeus Income & Growth 2 VCT plc and Mobeus Income & Growth 4 VCT plc, launched on 20 January 2022, to raise up to £35.00 million in aggregate ("the Offer").

In accordance with the allotment formula set out in the prospectus for the Offer, the Shares were issued at prices of between 81.20 and 85.14 pence per Share, depending on the adviser charge (if applicable) and the number of shares issued (after taking roundings into account) pertaining to each application. 

Application has been made for the new Ordinary Shares to be admitted to the Official List of the UK Listing Authority and dealings are expected to commence on or around 11 March 2022.

Following this allotment, the issued share capital and total voting rights of the Company are 137,310,943 Ordinary Shares of 1p each.

The Company's offer for subscription, as set out in the Prospectus published 20 January 2022, has reached the maximum number of subscriptions and all the shares have been allotted. The offer is now closed.

For further information, please contact:

Gresham House Asset Management Limited

Company Secretary

Tel:  [phone]

 

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