8th Apr 2013 17:15
MOBEUS INCOME & GROWTH 4 VCT PLC - Enhanced Buyback FacilityMOBEUS INCOME & GROWTH 4 VCT PLC - Enhanced Buyback Facility
PR Newswire
London, April 8
MOBEUS INCOME & GROWTH 4 VCT PLC
Enhanced Buyback Facility
The Board of Mobeus Income & Growth VCT 4 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 2013/2014 tax yearpurchased 1,536,003 ordinary shares of 1 pence each ("Shares") at a price of117.3 pence per share and allotted 1,488,988 new Shares at 121.0 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.
As a result, of the buyback and allotment of shares undertaken today pursuantto the Enhanced Buyback Facility there are now 34,627,305 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.
For further information please contact:
Mobeus Equity Partners LLPCompany SecretaryRobert BrittainTelephone: 020 7024 7612Related Shares:
MIG4.L