Mobeus Income & Growth 4 VCT plc (the "Company")
8 April 2013
Issue of Equity
The Company announces that on 5 April
2013 it allotted and issued 781,050 new Ordinary Shares of
1p each at a price of 121.3 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 11
April 2013.
Following this allotment the issued share capital of the Company
is 34,674,320 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 £27 million
(£9 million per Company).
A total of £24.0 million has been raised to date under the Offer
of which £8.0 million has been raised for Mobeus Income &
Growth 4 VCT plc.
The Offer closed at 12.00 noon on 5 April
2013 for the 2012/13 tax year and will, subject to the
discretion of the Directors of the three companies acting jointly
or the Offer being fully subscribed at an earlier date, remain open
until 12.00 noon on 30 April 2013 for
the 2013/14 tax year.
For further information please contact:
Robert Brittain, for Mobeus
Equity Partners LLP, Company Secretary: 020 7024 7612