REG - Mobeus Inc&Gwth 2 - Offer for Subscription – Update

Mobeus Income & Growth 2 VCTAnnouncement

17/10/2022 13:30

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RNS Number : 1392D  Mobeus Income & Growth 2 VCT PLC  17 October 2022

Mobeus Income & Growth 2 VCT plc

 

LEI: 213800LY62XLI1B4VX35

 

 

Offer for Subscription - Update

 

On 5 October 2022 Mobeus Income & Growth VCT plc (MIG), Mobeus Income
& Growth 2 VCT plc (MIG 2), Mobeus Income & Growth 4 VCT plc (MIG 4)
and The Income & Growth VCT plc (I&G) announced the launch of new
offers for subscription (together the Offers and each an Offer).

 

The MIG 2 Offer seeks to raise in up to £8 million (Initial Amount), with an
over-allotment facility to raise up to a further £8 million (Over-Allotment
Facility). The MIG 2 Offer opened for applications at 9.00 a.m. on 17 October
2022.

 

The MIG 2 Board are pleased to announce that applications have been received
for the Initial Amount. On the basis that such applications are all valid and
accepted, the Initial Amount is now fully subscribed. The allotment of shares
in respect of applications accepted by the Company for the Initial Amount is
planned for 16 November 2022.

 

The MIG 2 Board is pleased to further announce that it has decided to make the
Over-Allotment Facility available in full.  Potential investors should note
that whilst applications can continue to be made, the allotment of shares in
respect of applications accepted by the Company for the Over-Allotment will
not be made until January 2023.

 

 

For further information, please contact:

 

Gresham House Asset Management Limited Company Secretary

Telephone: +44 (0)20 7382 0999

 

Please note that MIG 2 and Gresham House cannot give any financial, legal, tax
or investment advice.

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