Mobeus Income & Growth 2 VCT PLC Issue of Equity (6419I)
03 April 2020 - 3:10AM
UK Regulatory
TIDMMIG
RNS Number : 6419I
Mobeus Income & Growth 2 VCT PLC
02 April 2020
Mobeus Income & Growth 2 VCT plc (the "Company")
2 April 2020
Issue of Equity
The Company announces that on 2 Apr 2020 it allotted and issued
13,928,447 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 VCT plc and Mobeus Income & Growth 4 VCT plc ,
launched on 25 October 2019 , to raise up to GBP60.1 million in
aggregate, which includes the utilisation of a GBP20 million
over-allotment facility ("the Offer ").
In accordance with the allotment formula set out in the
prospectus for the Offer, the Shares were issued at prices of
between 79.21 and 75.55 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 3 April 2020.
Following this allotment, the issued share capital and total
voting rights of the Company are 73,617,746 Ordinary Shares of 1p
each.
The Company's offer for subscription, as set out in the
Prospectus published on 25 October 2019, has reached the maximum
number of subscriptions and all the shares have been allotted. The
offer is now closed.
For further information please contact:
Mobeus Equity Partners LLP,
Company Secretary, on 020 7024 7600.
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.
END
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