Income & Growth VCT (The) PLC THE OFFER FOR SUBSCRIPTION IS NOW FULLY SUBSCRIBED (5859J)
13 Dicembre 2022 - 4:47PM
UK Regulatory
TIDMIGV
RNS Number : 5859J
Income & Growth VCT (The) PLC
13 December 2022
THE INCOME & GROWTH VCT PLC
LEI: 213800FPC15FNM74YD92
THE OFFER FOR SUBSCRIPTION IS NOW FULLY SUBSCRIBED
On 5 October 2022 Mobeus Income & Growth VCT plc ("MIG"),
Mobeus Income & Growth 2 VCT plc ("MIG 2"), Mobeus Income &
Growth 4 VCT plc ("MIG 4") and The Income & Growth VCT plc
("I&G") announced the launch of new offers for subscription
(together the "Offers" and each an "Offer"). The I&G Offer
seeks to raise up to GBP14 million ("Initial Amount", with an
over-allotment facility to raise up to a further GBP8 million
("Over-Allotment Facility") contained in a prospectus
("Prospectus").
The Board of I&G is pleased to announce that it has now
received applications reaching its GBP22 million limit, including
the Over-Allotment Facility. On the basis that such applications
are all valid and accepted, the I&G Offer is now fully
subscribed. The allotment of shares in respect of applications
accepted by the Company in respect of the Initial Amount took place
on 16 November 2022 and in respect of the Over-Allotment Facility
will be in January 2023, as set out in the Prospectus.
For further information please contact:
Gresham House Asset Management Limited
Company Secretary
Telephone: +44 (0)20 7382 0999
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END
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December 13, 2022 10:47 ET (15:47 GMT)
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