Mobeus Income & Growth 4 VCT PLC Issue of Equity (0975X)
November 21 2017 - 4:02AM
UK Regulatory
TIDMMIG4
RNS Number : 0975X
Mobeus Income & Growth 4 VCT PLC
21 November 2017
Mobeus Income & Growth 4 VCT plc (the "Company")
21 November 2017
Issue of Equity
The Company announces that on 20 November 2017 it allotted and
issued 1,738,444 new Ordinary Shares of 1p each ("Shares"). These
new Shares in the Company have been issued pursuant to the Offer
for subscription with Mobeus Income & Growth VCT plc, Mobeus
Income & Growth 2 VCT plc and The Income & Growth 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 new Ordinary Shares were issued at
prices of between 87.69 and 94.30 pence per share, depending on the
adviser charge (if applicable) and the number of shares issued
(after taking roundings into account) pertaining to each
application.
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 22 November
2017.
Following this allotment, the issued share capital of the
Company is 66,284,621 Ordinary Shares of 1 penny each.
Applications for subscription totalling GBP58.9 million in
aggregate have been received in respect of the Offer on behalf of
the Mobeus advised VCTs, of which GBP13.6 million of applications
has been received by the Company. Including the shares allotted by
the Company on 28 September, 20 October 2017 and 9 November, the
total number of shares allotted by the Company to date in respect
of the Offer is 14,498,081.
These totals are updated daily on the VCT section of the Mobeus
website at: www.mobeusequity.co.uk/vct-investors/fundraising.
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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