REG - Mobeus Inc&Gwth - Issue of Equity

Mobeus Income & Growth VCTAnnouncement

02/10/2024 07:00

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RNS Number : 5556G  Mobeus Income & Growth VCT PLC  02 October 2024

 

MOBEUS INCOME & GROWTH VCT PLC

(the "Company")

 

 

LEI:  213800HKOSEVWS7YPH79

 

 

Issue of Equity and Total Voting Rights

 

The Company announces that on 1 October 2024 it allotted and issued 56,023,733
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 launched on 18 June 2024, to raise up to £70 million in
aggregate with over-allotment facilities to raise, in aggregate, up to a
further £20 million ("the Offer").

 

In accordance with the allotment formula set out in the prospectus for the
Offer, the Shares were issued at prices of between 57.53 and 61.05 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 Financial Conduct Authority and dealings are expected to
commence on or around 7 October 2024.

 

Following this allotment, the issued share capital and total voting rights of
the Company are 319,876,793 Ordinary Shares and the total number of shares
with voting rights in the Company is 319,876,793.  The Company does not hold
any share in Treasury.

 

The above figure (319,876,793) can be used by Shareholders as the denominator
for the calculations by which to determine if they are required to notify
their interest in, or a change to, their interest in the Company under the
FCA's Disclosure and Transparency Rules.

 

For further information, please contact:

 

Gresham House Asset Management Limited

Company Secretary

 

Tel: 020 7382 0999

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