RNS Number : 6584I
Income & Growth VCT (The) PLC
17 October 2024
 

THE INCOME & GROWTH VCT PLC

LEI: 213800FPC15FNM74YD92

 

OFFER FOR SUBSCRIPTION - UPDATE

 

On 18 June 2024 Mobeus Income & Growth VCT plc (MIG) and The Income & Growth VCT plc (I&G) launched new offers for subscription (together the Offers and each an Offer) subject to, and conditional on, the merger of Mobeus Income & Growth 2 VCT plc with MIG and Mobeus Income & Growth 4 VCT plc with I&G (Merger) being implemented.  The Merger was implemented on 26 July 2024.  The I&G Offer seeks to raise up to £35 million with an over-allotment facility to raise up to a further £10 million (Over-Allotment Facility) contained in a prospectus issued on 18 June 2024.

The I&G Board is pleased to announce that it has now received applications reaching its £45 million limit, including the Over-Allotment Facility. On the basis that such applications are all valid and accepted, the I&G Offer is now fully subscribed. The final allotment of shares in respect of applications accepted by I&G is planned for 28 October 2024, as announced to the London Stock Exchange on 18 September 2024.

 

For further information please contact:

 

Gresham House Asset Management Limited

Company Secretary

 

Telephone: +44 (0)20 7382 0999

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UPDQKOBBPBDDBKD
Income & Growth Vct (LSE:IGV)
Historical Stock Chart
From Nov 2024 to Dec 2024 Click Here for more Income & Growth Vct Charts.
Income & Growth Vct (LSE:IGV)
Historical Stock Chart
From Dec 2023 to Dec 2024 Click Here for more Income & Growth Vct Charts.