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Pin to quick picksMobeus I&g 4 Regulatory News (MIG4)

Share Price Information for Mobeus I&g 4 (MIG4)

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Mobeus Income & Growth 4 VCT is an Investment Trust

To provide investors with a regular income stream and to generate capital growth by investing primarily in a diverse portfolio of UK unquoted companies.

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Intention to launch offers for subscription

22 Oct 2014 12:00

RNS Number : 9989U
Mobeus Income & Growth VCT PLC
22 October 2014
 



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

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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