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Close of Offer for Subscription

1st May 2013 15:30

THE INCOME & GROWTH VCT PLC - Close of Offer for Subscription

THE INCOME & GROWTH VCT PLC - Close of Offer for Subscription

PR Newswire

London, May 1

JOINT ANNOUNCEMENT Mobeus Income & Growth VCT plcMobeus Income & Growth 4 VCT plcThe Income & Growth VCT plc

1 May 2013

Mobeus VCTs - Linked Offer for Subscription ("the Offer")

The Offer was launched on 29 November 2012 with each of the three participatingCompanies offering a maximum of 10 million shares. Due to investor demand, theCompanies announced on 22 March 2013 that the total amount of gross funds whichcould be raised pursuant to the terms of the Offer had increased from £21million to £27 million.

At the close of the Offer on 30 April 2013, gross proceeds of £24.85 millionhad been raised with each company raising £8.28 million. Final allotments ofshares under the Offer will be undertaken by 9 May 2013, at which point eachCompany will announce the final numbers of shares each has allotted under theOffer, and the issued share capital of each.

For further information please contact:

Robert BrittainMobeus Equity Partners LLP, the Company SecretaryTel: 020 7024 7600.

Related Shares:

Inc&gwth VctMIG4.LMobeus I&g
FTSE 100 Latest
Value8,447.00
Change31.75