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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Income & Growth Vct (the) Plc | LSE:IGV | London | Ordinary Share | GB00B29BN198 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 70.00 | 68.50 | 71.50 | 70.25 | 70.00 | 70.00 | 6,094 | 08:00:03 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Offices-holdng Companies,nec | 8.63M | 5.49M | 0.0348 | 20.11 | 110.27M |
From Apr 2019 to Apr 2024
TIDMIGV
RNS Number : 2218X
Income & Growth VCT (The) PLC
22 November 2017
The Income & Growth VCT plc (the "Company")
22 November 2017
Issue of Equity
The Company announces that on 21 November 2017 it allotted and issued 1,084,462 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 6 September 2017, to raise up to GBP80 million in aggregate ("the Offer").
In accordance with the allotment formula set out in the prospectus for the Offer, the Shares were issued at prices of between 83.29 and 87.36 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 23 November 2017.
Following this allotment, the issued share capital of the Company is 94,649,149 Ordinary Shares of 1p each.
Applications for subscription totalling GBP60.3 million in aggregate have been received in respect of the Offer on behalf of the companies, of which GBP15.8 million of applications has been received by the Company. Including the shares allotted by the Company on 28 September, 20 October, 9 November and 20 November 2017, the total number of shares allotted by the Company to date in respect of the Offer is 19,072,153.
These totals are updated daily on the VCT section of the Mobeus website at: www.mobeusequity.co.uk/vct-investors/fundraising.
For further information please contact:
Robert King 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
END
IOELIFVALILFFID
(END) Dow Jones Newswires
November 22, 2017 04:31 ET (09:31 GMT)
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