MOBEUS INCOME & GROWTH VCT PLC

(the "Company")

LEI: 213800IFNJ65R8AQW943

1 March 2022

Appointment of Non-Executive Director

The Board of Mobeus Income & Growth VCT plc is pleased to announce the appointment of Lucy Armstrong as a Non-Executive Director of the Company with immediate effect.

Lucy has over thirty years' experience of working with mid-corporate businesses to accelerate their development and success by focussing on shareholder and management development and succession. Her experience ranges from funding start up and early stage manufacturing businesses through to mergers and disposals of international operations. She is currently the Chair of Port of Tyne, Holker Estates, Cyberhawk and Caspian Learning, Chair of the Advisory Board of Enterprise Research Centre and Chair and Trustee of TDI.  Lucy is also an Advisory Board Member of Beechbrook Capital and a director of Business Banking Resolution Service.  Her early career was in private equity, corporate development and recruitment with 3i plc, Courtaulds Textiles and Tyzack.  The Board looks forward to welcoming Lucy's depth of knowledge to the Company.

The Board also appoints Lucy as a member the Audit Committee immediately and will appoint her as Chair of the Audit Committee with effect from 1 April 2022.  She will also be appointed a member of the Nomination and Remuneration Committee and Management Engagement Committee with immediate effect. 

There are no matters which require to be disclosed pursuant to Listing Rule 9.6.13.

For further information, please contact:

Gresham House Asset Management Limited

Company Secretary

Tel: 020 7382 0999