Issue of Equity

RNS Number : 2814C

Mobeus Income & Growth 2 VCT PLC

15 January 2015

 



Mobeus Income & Growth 2 VCT plc (the "Company")

15 January 2015

Issue of Equity

The Company announces that on 14 January 2015 it allotted and issued 2,919,834 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 4 VCT plc launched on 10 December 2014 to raise up to £39 million in aggregate, including £8 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 116.5 and 122.7 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 21 January 2015.

Following this allotment, the issued share capital of the Company is 32,796,151 Ordinary Shares of 1 penny each.

A total of £17.1 million has been raised to date under the Offer, of which £3.7 million has been raised for Mobeus Income & Growth 2 VCT plc.

For further information please contact:

Jonathan McGuire at Mobeus Equity Partners LLP, Company Secretary, on 020 7024 7600.

 

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