MOBEUS INCOME & GROWTH 4 VCT PLC

Share Issue/Capital Change • Feb 18, 2015

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RNS Number : 2099F

Mobeus Income & Growth 4 VCT PLC

18 February 2015

Mobeus Income & Growth 4 VCT plc (the "Company")

18 February 2015

Issue of Equity

The Company announces that on 17 February 2015 it allotted and issued 2,129,124 new Ordinary Shares of 1 penny each. These new shares in the Company have been issued subsequent to the Offer for subscription with The Income & Growth VCT plc, Mobeus Income & Growth VCT plc and Mobeus Income & Growth 2 VCT plc launched on 10 December 2014 to raise up to £39 million in aggregate, including £6 million to be raised by the Company ("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 113.5 and 122.1 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 will be 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 23 February 2015.

Following this allotment, the issued share capital of the Company is 47,711,289 Ordinary Shares of 1 penny each.

A total of £32.79 million has been raised to date under the Offers, of which £6 million has been raised for Mobeus Income & Growth 4 VCT plc.

Following the issue of these shares the Company is pleased to announce that the Offer is fully subscribed and has therefore closed having raised the required £6 million. 

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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