Mobeus Income & Growth 4 VCT PLC Issue of Equity (9449C)
January 25 2018 - 6:02AM
UK Regulatory
TIDMMIG4
RNS Number : 9449C
Mobeus Income & Growth 4 VCT PLC
25 January 2018
Mobeus Income & Growth 4 VCT plc (the "Company")
25 January 2018
Issue of Equity
The Company announces that on 24 January 2018 it allotted and
issued 1,183,464 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 85.54 and 91.07 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 30 January 2018.
Following this allotment, the issued share capital of the
Company is 68,658,550 Ordinary Shares of 1 penny each.
Applications for subscription totalling GBP69.9 million in
aggregate have been received in respect of the Offer on behalf of
the companies.
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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