Issue of Equity

5th Apr 2012 19:25

Matrix Income & Growth VCT plc

Issue of Equity

The Company announces that on 5 April 2012 it allotted and issued 1,078,724 new Ordinary Shares of 1p each at a price of 101.2 pence per share.

Application has been made for the new Ordinary Shares to be admitted to the Official List of the UK Listing Authority and dealings are expected to commence on 13 April 2011.

Following this allotment the issued share capital of the Company is 46,009,445 Ordinary Shares.

These new shares in the Company have been issued subsequent to the linked offer for subscription with Matrix Income & Growth 4 VCT plc and The Income & Growth VCT plc to raise up to £21 million, launched on 20 January 2012 ("the Offer").

A total of £12.8 million has been raised to date under the Offer of which £4.3 million has been raised by by Matrix Income & Growth VCT plc.

For further information please contact:

Sarah Penfold at Matrix Private Equity Partners LLP, Company Secretary, on 020 3206 7000.

XLON

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Related Shares:

Mobeus I&g