Income & Growth VCT (The) PLC Issue of Equity and Total Voting Rights

RNS Number : 5553G

Income & Growth VCT (The) PLC

02 October 2024

 

THE INCOME & GROWTH VCT PLC

(the "Company")

 

LEI: 213800FPC15FNM74YD92

 

 

 

Issue of Equity and Total Voting Rights

 

The Company announces that on 1 October 2024 it allotted and issued 39,623,337 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, launched on 18 June 2024, to raise up to £70 million in aggregate with over-allotment facilities to raise, in aggregate, up to a further £20 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 71.13 and 75.48 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 Financial Conduct Authority and dealings are expected to commence on or around 7 October 2024.

 

Following this allotment, the issued share capital and total voting rights of the Company are 305,760,113 Ordinary Shares and the total number of shares with voting rights in the Company is 305,760,113.  The Company does not hold any shares in Treasury. 

 

The above figure (305,760,113) 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: [phone]

 

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