Mobeus Income & Growth 4 VCT PLC Issue of Equity (6134H)
March 13 2018 - 12:33PM
UK Regulatory
TIDMMIG4
RNS Number : 6134H
Mobeus Income & Growth 4 VCT PLC
13 March 2018
Mobeus Income & Growth 4 VCT plc (the "Company")
13 March 2018
Issue of Equity
The Company announces that on 13 March 2018 it allotted and
issued 2,789 new Ordinary Shares of 1p each ("Shares"). These new
Shares in the Company have been issued pursuant to the Offer for
subscription with The Income & Growth VCT plc, Mobeus Income
& Growth 2 VCT plc and Mobeus Income & Growth 4 VCT plc,
launched on 6 September 2017, to raise up to GBP80 million in
aggregate ("the Offer").
In accordance with the allotment formula set out in the
prospectus for the Offer, the Shares were issued at a price of
89.64 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 or around 20 March 2018.
Following this allotment, the issued share capital of the
Company is 68,661,339 Ordinary Shares of 1p each.
In accordance with the terms of the Offer, the maximum value of
subscriptions in respect of the Company, totalling GBP15 million,
has now been reached. The Board announces that the Company's Offer
is therefore closed to further applications.
For further information please contact:
Jonathan McGuire at Mobeus Equity Partners LLP,
Company Secretary, on 020 7024 7600.
This information is provided by RNS
The company news service from the London Stock Exchange
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