Allotment of Shares and Total Voting Rights

Gresham House Income & Growth VCT

01 April 2026

 

NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA,  THE UNITED STATES OR ANY MEMBER STATE OF THE EEA (OTHER THAN ANY MEMBER STATE OF THE EEA WHERE THE COMPANY'S SECURITIES MAY BE LEGALLY MARKETED), OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT. THE INFORMATION CONTAINED HEREIN DOES NOT CONSTITUTE OR FORM PART OF ANY OFFER TO ISSUE OR SELL, OR ANY SOLICITATION OF ANY OFFER TO SUBSCRIBE OR PURCHASE, ANY INVESTMENTS IN ANY JURISDICTION.

GRESHAM HOUSE INCOME & GROWTH VCT PLC

LEI: 213800FPC15FNM74YD92

1 April 2026

Allotment of Shares and Total Voting Rights

The Board of Gresham House Income & Growth VCT plc  (the "Company") announced on 2 February 2026 that the Company, together with Gresham House Income & Growth 2 VCT plc, had published a prospectus (the "Prospectus") in relation to offers for subscription to raise (in the case of each company) up to £32.5 million with an over-allotment facility to raise up to a further £15 million (in relation to the Company the "Offer").

On 1 April 2026, and in accordance with the allotment formula set out in the Prospectus, the Company allotted 44,745,151 Ordinary Shares of 1p each in the capital of the Company (the "New Ordinary Shares") pursuant to the Offer. The New Ordinary Shares were issued at prices of between 61.18 pence per share and 64.15 pence per share, depending on the amount of Offer Costs, any Initial Commission waived, any Initial Adviser Charges, and based on the net asset value per Ordinary Share as at 28 February 2026 (as announced on 24 March 2026, being the last published net asset value per Ordinary Share which was prepared in line with the Investment Adviser's usual valuations methodology). The average issue price was 61.71 pence per share.

Application will be made for the New Ordinary Shares to be admitted to trading on the London Stock Exchange plc's main market for listed securities ("Admission"). It is expected that Admission will occur and dealing will commence in the New Ordinary Shares on 7 April 2026. The New Ordinary Shares rank pari passu with the existing Ordinary Shares. 

Following this allotment, the issued share capital of the Company is 361,717,741 Ordinary Shares and the total number of shares with voting rights in the Company is 361,717,741. The Company does not hold any shares in Treasury.

The above figure (361,717,741) can be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Disclosure Guidance and Transparency Rules.

The New Ordinary Shares will be issued in registered form and may be held in uncertificated form.  Definitive documents of title are expected to be dispatched within 10 business days of allotment. The New Ordinary Shares will be eligible for settlement through CREST with effect from Admission.

The Offer is now closed for further applications, having raised gross funds of £27.61 million, £26.69 million after expenses.

Unless the context requires otherwise, terms defined in the Prospectus have the same meaning where used in this announcement.

For further information please contact:

Gresham House Asset Management Limited

Company Secretary

Telephone: [phone]

Notes

This announcement (the "Announcement") is an advertisement for the purposes of the Prospectus Rules: Admission to Trading on a Regulated Market sourcebook of the Financial Conduct Authority ("FCA") and is not a prospectus. This Announcement does not constitute or form part of, and should not be construed as, an offer for sale or subscription of, or solicitation of any offer to subscribe for or to acquire, any ordinary shares in Gresham House Income & Growth VCT plc or Gresham House Income & Growth 2 VCT plc (together the "Companies") in any jurisdiction, including in or into Australia, Canada, Japan, the Republic of South Africa, the United States or any member state of the EEA (other than any member state of the EEA where the Companies' securities may be lawfully marketed). Investors should not subscribe for or purchase any ordinary shares referred to in this Announcement except on the basis of information in the Prospectus in its final form, published on 2 February 2026 by the Companies in connection with the offers made under that prospectus. A copy of the Prospectus  is available for inspection, subject to certain access restrictions, from the Company's registered office, for viewing at the National Storage Mechanism at https://data.fca.org.uk/#/nsm/nationalstoragemechanism and on the Company's website (https://greshamhouse.com/gresham-house-income-growth-vct-plc). Approval of the Prospectus by the FCA should not be understood as an endorsement of the securities that are the subject of the Prospectus. Potential investors are recommended to read the Prospectus before making an investment decision in order to fully understand the potential risks and rewards associated with a decision to invest in the Companies' securities.

 

END