Mobeus Income & Growth VCT PLC Issue of Equity Replacement (4301S)
02 October 2017 - 10:19PM
UK Regulatory
TIDMMIX
RNS Number : 4301S
Mobeus Income & Growth VCT PLC
02 October 2017
Mobeus Income & Growth VCT plc (the "Company")
29 September 2017
Issue of Equity
The Company announces that on 28 September 2017 it allotted and
issued 3,798,991 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 6 September 2017, to raise up to GBP50 million in
aggregate, including GBP15 million to be raised by the Company
("the Offer"). In accordance with the allotment formula set out in
the prospectus for the Offers, the new Ordinary Shares were issued
at prices between 73.58 and 78.28 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 will be made for the new shares to be admitted to
the Official List of the UK Listing Authority and dealings are
expected to commence on or around 4 October 2017.
Following this allotment, the issued share capital of the
Company is 79,310,888 Ordinary Shares of 1p each.
A total of GBP20.4 million has been raised under the Offers, of
which GBP5.7 million was raised for Mobeus Income & Growth VCT
plc. These totals are updated daily on the VCT section of the
Mobeus website at:
www.mobeusequity.co.uk/vct-investors/fundraising.
For further information please contact:
Jonathan McGuire at Mobeus Equity Partners LLP, Company
Secretary, on 020 7024 7615.
This information is provided by RNS
The company news service from the London Stock Exchange
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October 02, 2017 07:19 ET (11:19 GMT)
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