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Increase in Offer size. Expiry of early incentive.

1 Nov 2017 12:44

RNS Number : 2762V
Mobeus Income & Growth 4 VCT PLC
01 November 2017
 

Mobeus Income & Growth 4 VCT plc

1 November 2017

Mobeus VCTs trigger increase in Offer size due to strong investor demand. Expiry of early investment incentive discount.

On 6 September 2017, the boards of Mobeus Income & Growth 4 VCT plc ("the Company"), Mobeus Income & Growth VCT plc, Mobeus Income & Growth 2 VCT plc and The Income & Growth VCT plc launched offers for subscription to raise in aggregate up to £50 million, with over-allotment facilities to raise in aggregate up to a further £30 million ("the Offers").

The Company announces that, due to strong investor demand which has already exceeded £50 million, the Boards of all four Mobeus-advised VCTs have each announced their decision to utilise their respective over-allotment facilities, increasing the maximum Offer Size up to £80 million in aggregate.

Future applicants should be aware that the early investment incentive discount of 1% is no longer available to investors subscribing for the further £30 million available through the over-allotment facility.

For further information please contact:

 

Rob Brittain

 

Mobeus Equity Partners LLP

Telephone: 020 7024 7600

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