REG - Mobeus Inc&Gwth - THE OFFER FOR SUBSCRIPTION IS NOW FULLY SUBSCRIBED

Mobeus Income & Growth VCTAnnouncement

05/12/2022 18:00

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RNS Number : 6660I  Mobeus Income & Growth VCT PLC  05 December 2022

 MOBEUS INCOME & GROWTH VCT PLC

 

LEI: 213800HKOSEVWS7YPH79

 

 

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 Offer seeks to raise up to £14 million ("Initial Amount", with an
over-allotment facility to raise up to a further £8 million ("Over-Allotment
Facility") contained in a prospectus ("Prospectus").

 

The Board of MIG is pleased to announce that it has now received applications
reaching its £22 million limit, including the Over-Allotment Facility. On the
basis that such applications are all valid and accepted, the MIG Offer is now
fully subscribed. The allotment of shares in respect of applications accepted
by the Company in respect of the Initial Amount was planned for 16 November
2022 and in respect of the Over-Allotment Facility for 16 January 2023, as set
out in the Prospectus.

 

For further information please contact:

 

Gresham House Asset Management Limited

Company Secretary

 

Telephone: +44 (0)20 7382 0999

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