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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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Publication of Prospectus and Management Arrangements

20 Jan 2012 15:19

JOINT ANNOUNCEMENT

Matrix Income & Growth VCT plc, Matrix Income & Growth 4 VCT plc and The Income & Growth VCT plc

Joint Offer for Subscription, Issue of Prospectus and Proposed Change of Ownership of Investment Manager

The Offer

The boards of Matrix Income & Growth VCT plc, Matrix Income & Growth 4 VCT plc and The Income & Growth VCT plc ("the Companies") are pleased to announce the launch of a joint offer for subscription for new ordinary shares of 1p each in the capital of each of the Companies to raise, in aggregate, up to £21 million before expenses ("the Offer").

The Offer opens today and will close at 12.00 p.m. on 30 April 2012 (unless fully subscribed by an earlier date or otherwise extended or closed at the Directors' discretion). Persons intending to subscribe for shares under the Offer in the 2011/2012 tax year should note that the deadline for such subscriptions is 12.00 p.m. on 5 April 2012. The Offer is open to existing shareholders and new investors. Investors' subscriptions will be divided equally between each of the Companies.

Funds raised under the Offer will be used by each of the Companies, alongside their existing funds, to make investments in accordance with their existing investment policies, maintain liquidity and enable payment of dividends and costs without reducing the overall amounts available for investment.

Full details of the Offer are contained in the summary, securities note and registration document, which together constitute a prospectus ("the Prospectus"), which was published by the Companies today. The Prospectus will shortly be available for download from the Companies' websites:

* www.migvct.co.uk * www.mig4vct.co.uk * www.incomeandgrowthvct.co.uk

The Prospectus has also been submitted to the Financial Services Authority and will shortly be available for inspection at the National Storage Mechanism, which is located at www.hemscott.com/nsm.do.

* Matrix Private Equity Partners LLP ("MPEP") * MPEP is the investment manager to the Companies. Since April 2004, MPEP has been owned jointly by its executive partners and Matrix Group Limited. MPEP has now grown to a team of six partners and ten staff with over 150 years' investing experience between them. This team is wholly dedicated to the management and administration of VCTs. * On 12 January 2012, the executive partners of MPEP and Matrix Group Limited agreed for the executive partners of MPEP to acquire Matrix Group Limited's interest in MPEP. This will result in the executive partners acquiring control of MPEP to create a fully independent firm. The acquisition is subject to approval from the FSA of the change of control in MPEP and is expected to be completed on or around 30 June 2012. * The Companies' arrangements with MPEP, in particular its investment approach and services, are not expected to change. The Boards look forward to this new phase with their manager whilst reserving their respective rights under the investment management agreements. * Subject to the acquisition being completed and following close of the Offer, it is currently intended that MPEP will leave its offices at One Vine Street and that both it and the names of the VCTs under its management (including, where relevant, the Companies) will be changed to remove references to "Matrix".

For further information, please contact:

Investment Adviser to the Companies

Matrix Private Equity Partners LLP

Rob Brittain

Telephone: 020 3206 7102

XLON
Date   Source Headline
9th Aug 20133:27 pmPRNHalf-yearly Report
1st Jul 20135:29 pmPRNTotal Voting Rights
1st Jul 20134:57 pmPRNTransaction in Own Shares
27th Jun 20131:18 pmPRNTransaction in Own Shares
24th May 201312:32 pmPRNIssue of Equity - AMENDMENT
21st May 20132:26 pmPRNIssue of Equity
14th May 20135:46 pmPRNTransaction in Own Shares
10th May 20133:51 pmPRNResult of AGM
10th May 201311:54 amPRNInterim Management Statement
7th May 20131:48 pmPRNIssue of Equity
1st May 20135:20 pmPRNClose of Offer for Subscription
1st May 20133:30 pmPRNClose of Offer for Subscription
1st May 20131:03 pmPRNLinked Offer for Subscription - closed
10th Apr 20132:57 pmPRNIssue of Equity
8th Apr 20135:33 pmPRNDirector/PDMR Shareholding
8th Apr 20135:15 pmPRNEnhanced Buyback Facility
8th Apr 20131:29 pmPRNIssue of Equity
4th Apr 20136:19 pmPRNIssue of Equity
4th Apr 20135:56 pmPRNDirector/PDMR Shareholding
4th Apr 20134:22 pmPRNEnhanced Buyback Facility
28th Mar 20133:26 pmPRNIssue of Equity
28th Mar 201312:31 pmPRNTransaction in Own Shares
25th Mar 20135:06 pmPRNStatement re VCT Enhanced Buyback Facility
25th Mar 201310:47 amPRNOffer Update - Issue of Supplementary Prospectus
22nd Mar 20135:02 pmPRNDoc re Annual Report and Accounts & AGM Notice
22nd Mar 201310:32 amPRNAnnual Financial Report
22nd Feb 201312:43 pmPRNResult of EGM
28th Jan 20139:48 amPRNCircular re VCT Enhanced Buyback Facility - AMENDMENT
28th Jan 20137:00 amPRNCircular re VCT Enhanced Buyback Facility
14th Jan 20135:39 pmPRNIssue of Equity
20th Dec 20123:48 pmPRNOffer Update - Issue of Supplementary Prospectus
19th Dec 20122:32 pmPRNChange of Adviser - Corporate Broker
14th Dec 20126:06 pmPRNTransaction in Own Shares
6th Dec 20123:43 pmPRNInterim Management Statement
29th Nov 20124:36 pmPRNPublication of Prospectus
25th Oct 20125:49 pmPRNDoc re: - Unaudited Half-Yearly Report
4th Oct 20129:42 amPRNTransaction in Own Shares
31st Jul 20126:11 pmPRNTransaction in Own Shares
10th Jul 20123:58 pmPRNIssue of Equity
5th Jul 20121:14 pmPRNClose of Offer for Subscription
3rd Jul 20124:16 pmPRNTransaction in Own Shares
2nd Jul 201210:17 amPRNChange of Name
29th Jun 20127:00 amPRNTransaction in Own Shares
15th Jun 20123:10 pmPRNIssue of Equity
14th Jun 20129:11 amPRNInterim Management Statement
7th Jun 20129:56 amPRNDisposal of investment in Iglu.com Holidays Limited
11th May 20125:04 pmPRNTransaction in Own Shares
11th May 20123:10 pmPRNDoc re Annual Report & Accounts (including AGM Notice)
10th May 201212:32 pmPRNIssue of Equity
8th May 201211:08 amPRNOffer Update and Issue of Supplementary Prospectus

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