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22 Oct 2014 15:05
22 October 2014
JOINT ANNOUNCEMENT
Intention to launch offers for subscription
Mobeus Income & Growth VCT plc, Mobeus Income & Growth 2 VCT plc, Mobeus Income & Growth 4 VCT plc and The Income & Growth VCT plc (the "Companies")
The Boards of the Companies are pleased to announce that they intend to launch offers for subscription for new ordinary shares (the "Offers").
During the 2014/15 tax year, the Companies will seek to raise the following amounts (gross):-
Mobeus Income & Growth VCT plc: £15 million
Mobeus Income & Growth 2 VCT plc: £8 million
Mobeus Income & Growth 4 VCT plc: £6 million
The Income & Growth VCT plc: £10 million
It is also intended that each Company will have a separate Offer. Investors will be able to choose either to invest equally in all four Companies, or to invest amounts of their choice in one or more of the Offers. These options will be in accordance with the terms to be set out in the Prospectus for the Offers and subject to those Offers selected remaining open.
The Prospectus, which will contain the full details and terms and conditions of the Offers, will be available later this year.
For further information please contact:
Company Secretary
Mobeus Equity Partners LLP
Rob Brittain/Sarah Penfold
Telephone: 020 7024 7600
Email: info@mobeusequity.co.uk
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