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IN BRIEF: Gresham House to complete Mobeus VCT buy on Thursday

28th Sep 2021 19:13

Gresham House PLC - asset manager - Expects completion of the acquisition of the VCT business of Mobeus Equity Partners to occur on Thursday with settlement of vendor placing shares and consideration shares to occur on Friday.

Earlier in September, Gresham House announced the acquisition of the Mobeus VCT business for up to GBP36.1 million, including four listed entities: Mobeus Income & Growth VCT PLC; Mobeus Income & Growth 2 VCT PLC; Mobeus Income & Growth 4 VCT PLC; and Income & Growth VCT PLC.

Current stock price: 910.00 pence

Year-to-date change: up 16%

By Dayo Laniyan; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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