Issue of Equity

8 Mar 2012 18:26

The Income & Growth VCT plc8 March 2012Issue of Equity

The Company announces that on 8 March 2012 it allotted and issued 1,677,289 new Ordinary Shares of 1p each at a price of 106.4 pence 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 March 2012.

Following this allotment the issued share capital of the Company is 43,669,355 Ordinary Shares.

These new shares in the Company have been issued subsequent to the linked offer for subscription with Matrix Income & Growth VCT plc and Matrix Income & Growth 4 VCT plc to raise up to £21 million, launched on 20 January 2012 ("the Offer").

For further information please contact:

Robert Brittain at Matrix Private Equity Partners LLP, Company Secretary, on 020 3206 7000.