Issue of Equity and Total Voting Rights

RNS Number : 6962G
Income & Growth VCT (The) PLC
17 November 2022
 
THE INCOME & GROWTH VCT PLC

(the "Company")

 

LEI: 213800FPC15FNM74YD92

 

 

Issue of Equity and Total Voting Rights

The Company announces that on 16 November 2022 it allotted and issued 16,936,303 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 Mobeus Income & Growth 4 VCT plc , launched on 5 October 2022 , to raise up to £47 million in aggregate with over-allotment facilities to raise, in aggregate, up to a further £29 million ("the Offer ").

 

In accordance with the allotment formula set out in the prospectus for the Offer, the Shares were issued at prices of between 81.77 and 85.76 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 22 November 2022.

 

Following this allotment, the issued share capital and total voting rights of the Company are 147,319,823 Ordinary Shares and the total number of shares with voting rights in the Company is 147,319,823.  The Company does not hold any share in Treasury. 

 

The above figure ( 147,319,823 ) can be used by Shareholders as the denominator for the calculations by which to determine if they are required to notify their interest in, or a change to, their interest in the Company under the FCA's Disclosure and Transparency Rules.

 

 

For further information, please contact:

 

Gresham House Asset Management Limited

Company Secretary

 

Tel:  020 7382 0999

 

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