REG - Gresham House I&G - Allotment of Shares and Total Voting Rights

Gresham House Income & Growth VctAnnouncement

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RNS Number : 1168Z  Gresham House Income & Growth VCT   01 April 2026

NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN OR INTO, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH
AFRICA,  THE UNITED STATES OR ANY MEMBER STATE OF THE EEA (OTHER THAN ANY
MEMBER STATE OF THE EEA WHERE THE COMPANY'S SECURITIES MAY BE LEGALLY
MARKETED), OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS
ANNOUNCEMENT. THE INFORMATION CONTAINED HEREIN DOES NOT CONSTITUTE OR FORM
PART OF ANY OFFER TO ISSUE OR SELL, OR ANY SOLICITATION OF ANY OFFER TO
SUBSCRIBE OR PURCHASE, ANY INVESTMENTS IN ANY JURISDICTION.

 

GRESHAM HOUSE INCOME & GROWTH VCT PLC

 

LEI: 213800FPC15FNM74YD92

 

 

1 April 2026

 

 

Allotment of Shares and Total Voting Rights

The Board of Gresham House Income & Growth VCT plc  (the "Company")
announced on 2 February 2026 that the Company, together with Gresham House
Income & Growth 2 VCT plc, had published a prospectus (the "Prospectus")
in relation to offers for subscription to raise (in the case of each company)
up to £32.5 million with an over-allotment facility to raise up to a further
£15 million (in relation to the Company the "Offer").

 

On 1 April 2026, and in accordance with the allotment formula set out in the
Prospectus, the Company allotted 44,745,151 Ordinary Shares of 1p each in the
capital of the Company (the "New Ordinary Shares") pursuant to the Offer. The
New Ordinary Shares were issued at prices of between 61.18 pence per share and
64.15 pence per share, depending on the amount of Offer Costs, any Initial
Commission waived, any Initial Adviser Charges, and based on the net asset
value per Ordinary Share as at 28 February 2026 (as announced on 24 March
2026, being the last published net asset value per Ordinary Share which was
prepared in line with the Investment Adviser's usual valuations methodology).
The average issue price was 61.71 pence per share.

 

Application will be made for the New Ordinary Shares to be admitted to trading
on the London Stock Exchange plc's main market for listed securities
("Admission"). It is expected that Admission will occur and dealing will
commence in the New Ordinary Shares on 7 April 2026. The New Ordinary Shares
rank pari passu with the existing Ordinary Shares.

 

Following this allotment, the issued share capital of the Company is
361,717,741 Ordinary Shares and the total number of shares with voting rights
in the Company is 361,717,741. The Company does not hold any shares in
Treasury.

 

The above figure (361,717,741) can be used by shareholders in the Company as
the denominator for the calculations by which they will determine if they are
required to notify their interest in, or a change to their interest in, the
share capital of the Company under the Disclosure Guidance and Transparency
Rules.

 

The New Ordinary Shares will be issued in registered form and may be held in
uncertificated form.  Definitive documents of title are expected to be
dispatched within 10 business days of allotment. The New Ordinary Shares will
be eligible for settlement through CREST with effect from Admission.

 

The Offer is now closed for further applications, having raised gross funds of
£27.61 million, £26.69 million after expenses.

 

Unless the context requires otherwise, terms defined in the Prospectus have
the same meaning where used in this announcement.

 

 

For further information please contact:

 

Gresham House Asset Management Limited

Company Secretary

 

Telephone: 020 7382 0999

 

 

Notes

This announcement (the "Announcement") is an advertisement for the purposes of
the Prospectus Rules: Admission to Trading on a Regulated Market sourcebook of
the Financial Conduct Authority ("FCA") and is not a prospectus. This
Announcement does not constitute or form part of, and should not be construed
as, an offer for sale or subscription of, or solicitation of any offer to
subscribe for or to acquire, any ordinary shares in Gresham House Income &
Growth VCT plc or Gresham House Income & Growth 2 VCT plc (together the
"Companies") in any jurisdiction, including in or into Australia, Canada,
Japan, the Republic of South Africa, the United States or any member state of
the EEA (other than any member state of the EEA where the Companies'
securities may be lawfully marketed). Investors should not subscribe for or
purchase any ordinary shares referred to in this Announcement except on the
basis of information in the Prospectus in its final form, published on 2
February 2026 by the Companies in connection with the offers made under that
prospectus. A copy of the Prospectus  is available for inspection, subject to
certain access restrictions, from the Company's registered office, for viewing
at the National Storage Mechanism at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) and on the Company's
website (https://greshamhouse.com/gresham-house-income-growth-vct-plc
(https://greshamhouse.com/gresham-house-income-growth-vct-plc/) ). Approval of
the Prospectus by the FCA should not be understood as an endorsement of the
securities that are the subject of the Prospectus. Potential investors are
recommended to read the Prospectus before making an investment decision in
order to fully understand the potential risks and rewards associated with a
decision to invest in the Companies' securities.

 

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