The Income & Growth VCT plc
1 November 2017
Mobeus VCTs trigger increase in Offer size due to strong investor demand. Expiry of early investment incentive discount.
On 6 September 2017, the boards of The Income & Growth VCT plc ("the Company"), Mobeus Income & Growth VCT plc, Mobeus Income & Growth 2 VCT plc and Mobeus Income & Growth 4 VCT plc launched offers for subscription to raise in aggregate up to £50 million, with over-allotment facilities to raise in aggregate up to a further £30 million ("the Offers").
The Company announces that, due to strong investor demand which has already exceeded £50 million, the Boards of all four Mobeus-advised VCTs have each announced their decision to utilise their respective over-allotment facilities, increasing the maximum Offer Size up to £80 million in aggregate.
Future applicants should be aware that the early investment incentive discount of 1% is no longer available to investors subscribing for the further £30 million available through the over-allotment facility.
For further information please contact:
Rob Brittain
Mobeus Equity Partners LLP
Telephone: 020 7024 7600
