Enhanced Buyback Facility

MOBEUS INCOME & GROWTH VCT PLC - Enhanced Buyback Facility

PR Newswire

London, April 4

MOBEUS INCOME & GROWTH VCT PLC

Enhanced Buyback Facility

The Board of Mobeus Income & Growth VCT plc ("the Company") announced on 25March 2013 the closure of the Company's enhanced buy-back facility ("EnhancedBuyback Facility").

All correctly completed applications in respect of the Enhanced BuybackFacility (i.e. both shareholders' basic entitlement and, where elected,additional shares tendered) have been accepted in full and as a result therehas been no scaling back of applications.

The Company has today in respect of applications for the 2012/2013 tax yearpurchased 8,356,555 ordinary shares of 1 pence each ("Shares") at a price of94.20 pence per share and allotted 8,089,335 new Shares at 97.20 pence pershare pursuant to the Enhanced Buyback Facility.

The new Shares rank pari passu in all respects with the existing share capitalof the Company.

Application has been made to the UK Listing Authority and the London StockExchange for the new Shares to be admitted to the Official List and to trade onthe London Stock Exchange's main market for listed securities. It is expectedthat admission will become effective and dealings will commence on or around 9April 2013.

Buybacks and allotments in respect of accepted applications for the EnhancedBuyback Facility in the 2013/2014 tax year are expected to be undertaken on 8April 2013 in accordance with the expected timetable for the Enhanced BuybackFacility.

As a result, of the buyback and allotment of shares undertaken today pursuantto the Enhanced Buyback Facility there are now 50,186,718 Shares in issue.

The above figure may be used by shareholders as the denominator for thecalculations by which they will determine if they are required to notify theirinterest in, or a change to their interest in, the Company under the FSA'sDisclosure and Transparency Rules.

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