Mobeus Inc& Gwth 4 Issue of Equity
March 28 2013 - 11:27AM
UK Regulatory
TIDMMIG4
Mobeus Income & Growth 4 VCT plc
28 March 2013
Issue of Equity
The Company announces that on 28 March 2013 it allotted and issued 2,306,901
new Ordinary Shares of 1p each at a price of 121.30 pence per share.
Application will be 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 5 April 2013.
Following this allotment the issued share capital of the Company is 32,320,827
Ordinary Shares.
These new shares in the Company have been issued subsequent to the linked offer
for subscription with Mobeus Income & Growth VCT plc and The Income & Growth
VCT plc launched on 29 November 2012 ("the Offer"). Pursuant to the terms of
the Offer, each of the three participating companies are offering a maximum of
10 million shares and based on the latest published net asset values per share
of each Company, the maximum aggregate funds expected to be raised is GBP27
million (GBP9 million per Company).
A total of GBP18.2 million has been raised to date under the Offer of which GBP6.1
million has been raised for Mobeus Income & Growth 4 VCT plc.
Subject to the discretion of the Directors of the three companies acting
jointly or the Offer being fully subscribed at an earlier date, the Offer will
remain open until 12.00 noon on 5 April 2013 for the 2012/13 tax year and until
12.00 noon on 30 April 2013 for the 2013/14 tax year.
For further information please contact:
Robert Brittain at Mobeus Equity Partners LLP, Company Secretary, on 020 7024
7612.
END
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