Mobeus Inc& Gwth 4 Circular re VCT Enhanced Buyback Facility
January 28 2013 - 2:00AM
UK Regulatory
TIDMMIG4
MOBEUS INCOME & GROWTH 4 VCT PLC
PUBLICATION OF CIRCULAR
Summary
The board of directors ("Board") of Mobeus Income & Growth 4 VCT PLC ("the
Company") is today sending out a circular ("Circular") to shareholders in
relation to a proposed enhanced buyback facility, such scheme being for up to
50% of the issued share capital of the Company ("Enhanced Buyback Facility").
Implementation of the Enhanced Buyback Facility is subject to shareholder
approval being provided at a general meeting convened for 22 March 2013
pursuant to the Circular. The Enhanced Buyback Facility has opened today for
application.
Enhanced Buyback Facility
The Company is offering to purchase up to a maximum of 15,116,463 existing
shares, which represent 50% of the issued share capital as at 24 January 2013,
subject to the proceeds of sale being reinvested in new shares.
The record date to be eligible to participate in the Enhanced Buyback Facility
is 5.00 p.m. on 24 January 2013.
The closing date for applications pursuant to the Enhanced Buyback Facility is
12.00 noon on 20 March 2013.
Further details on the Enhanced Buyback Facility, the terms and conditions
thereof and the tax consequences of participating, are set out in the Circular
and application form. Shareholders are advised to consult their independent
financial adviser.
Availability of Documents
The Circular has been submitted to the Financial Services Authority and will
shortly be available for inspection both at the National Storage Mechanism,
which is located at:
http://www.hemscott.com/nsm.do
and the Company's website:
http://www.mig4vct.co.uk
For further information, please contact:
Investment Manager to the Companies
Mobeus Equity Partners LLP
Rob Brittain
Telephone: 020 7024 7612
END
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