Inc&gwth Vct Regulatory News (IGV)

5 Apr 2012 19:28

Matrix Income & Growth 4 VCT plc (the "Company")

5 April 2012

Issue of Equity

The Company announces that on 4 April 2012 it allotted and issued 883,989 new Ordinary Shares of 1p each ("Ordinary shares") under the Offer for Subscription ("the Offer") at a price of 123.5p 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 2012.

Following this allotment the issued share capital of the Company is 28,748,870 Ordinary Shares of 1p each.

These new shares in the Company have been issued subsequent to the linked offer for subscription with Matrix Income & Growth 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 The Income & Growth VCT plc.

For further information please contact:

Robert Brittain, for Matrix Private Equity Partners LLP, Company Secretary: 020 3206 7000