MOBEUS INCOME & GROWTH VCT
PLC
(the "Company")
LEI: 213800HKOSEVWS7YPH79
Issue of Equity and Total
Voting Rights
The Company announces that on
28 October 2024 it allotted and issued 21,476,755 new
Ordinary Shares of 1p each ("Shares"). These new Shares in
the Company have been issued pursuant to the offer
for subscription with The Income & Growth VCT plc ("I&G")
launched on 18 June 2024, to raise up to £70 million, in aggregate, with over-allotment
facilities to raise, in aggregate, up to a further £20 million
("the Offer").
In accordance with
the allotment formula set out in the prospectus for the Offer, the
Shares were issued at prices of between 57.53 and
60.31 pence per Share, depending on the
adviser charge (if applicable) and the number of shares issued
(after taking roundings into account) pertaining to each
application.
Application has
been made for the new Ordinary Shares to be admitted to the
Official List of the Financial Conduct Authority and dealings are
expected to commence on or around 1 November 2024.
Following this
allotment, the issued share capital and total voting rights of the
Company are 341,353,548 Ordinary Shares and the total number of
shares with voting rights in the Company is 341,353,548. The
Company does not hold any shares in Treasury.
The above figure
341,353,548 can be used by Shareholders as the denominator for the
calculations by which to determine if they are required to notify
their interest in, or a change to, their interest in the Company
under the FCA's Disclosure and Transparency Rules.
The Offer, as set out
in the prospectus published by the Company and I&G on 18 June
2024, has reached the maximum number of subscriptions and all the
shares have been allotted The Offer is now closed for further
applications, having raised gross funds of £45 million,
£43,470,841.01 million after expenses.
For further information, please
contact:
Gresham House Asset Management
Limited
Company Secretary
Tel: 020 7382 0999