VCT Fundraising for the 2022/23 tax year
The Offers are now fully subscribed.
Mobeus Income & Growth VCT plc, Mobeus Income & Growth 2 VCT plc, Mobeus Income & Growth 4 VCT plc and The Income & Growth VCT plc, have now received applications totalling £76mn; the initial offer amount of £47mn and the over-allotment facility of £29mn.
The allotment in respect of applicants received by the Company is planned for 16 November 2022. Applications that were received using the over-allotment facility will be notified by City Partnership that their application was received under the over-allotment facility and will be allotted in January 2023 as set out in the prospectus.
VCT funds fully subscribed as at 13 December 2022:
Please direct any questions to:
Email: mobeusvcts@greshamhouse.com
Telephone: 020 7382 0999
Distributor
Portunus Investment Solutions Limited
Office 416
83 Victoria Street
London SW1H 0HW
Please note that the Mobeus VCTs, Gresham House Asset Management and Portunus Investment Solutions Limited will only be able to deal with the practicalities of application and are not permitted to provide any investment, financial or tax advice in connection with an investment under the Offers.
The above constitutes an advertisement and not a prospectus. Any subscription for shares in the Mobeus VCTs referred to in this advertisement should only be made on the basis of the information contained in the Prospectus below. The information set out above does not, and is not intended to form the basis of, nor may it be relied on in connection with, any contract for the acquisition of any shares in the Mobeus VCTs. The Prospectus will describe the structure of the securities more completely, including risk factors which should be considered by potential investors. Prior to making any investment, investors should review the Prospectus, rely only on the information contained therein and conduct their own investigation and analysis. Information contained herein is qualified entirely by the information in the Prospectus.
This document (the document) has been issued as a financial promotion for the purposes of Section 21 of the Financial Services and Markets Act 2000 by Gresham House Asset Management Limited (Gresham House) whose registered office is 5 New Street, London EC4A 3TW and is authorised and regulated by the Financial Conduct Authority (FCA).
This document includes details of Mobeus Income & Growth VCT plc (MIG), Mobeus Income & Growth 2 VCT plc (MIG 2), Mobeus Income & Growth 4 VCT plc (MIG 4), The Income & Growth VCT plc (I&G) (together Mobeus VCTs or the Companies)
This document is not a prospectus but an advertisement and any subscription for shares in the Companies referred to in this advertisement should only be made on the basis of information in the prospectus, which was published by the Companies on 5 October 2022 (Prospectus). This document does not, and is not intended to form the basis of, nor may it be relied on in connection with, any contract for the acquisition of any shares in the Companies. The Prospectus will describe the structure of the securities more completely, including risk factors which should be considered by potential investors. Prior to making any investment, investors should review the Prospectus, rely only on the information contained therein and conduct their own investigation and analysis. Information contained herein is qualified entirely by the information in the Prospectus.
For the Attention of United Kingdom Investors:
This document is intended for distribution in the United Kingdom only to persons who have professional experience in matters relating to investments, who are investment professionals, high net worth companies, high net worth unincorporated associations or partnerships or trustees of high value trusts, and investment personnel of any of the foregoing (each within the meaning of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005).
This document (the document) is issued on a confidential basis by Gresham House for information purposes only. This document, its contents and any information provided or discussed in connection with it are strictly private and confidential and may not be reproduced, redistributed or passed on, directly or indirectly, to any other person or published, in whole or in part, for any purpose, without the consent of Gresham House (provided that you may disclose this document on a confidential basis to your legal, tax or investment advisers (if any) for the purposes of obtaining advice). Acceptance of delivery of any part of the document by you constitutes unconditional acceptance of the terms and conditions of this notice.
This document does not itself constitute an offer to subscribe for or purchase any shares or securities. This document is not intended to be relied upon as the basis for an investment decision, and is not, and should not be assumed to be, complete. It is provided for information purposes only. Any investment is subject to various risks, none of which are outlined herein. All such risks should be carefully considered by prospective investors before they make any investment decision.
You are not entitled to rely on this document and no responsibility is accepted by Gresham House or any of its directors, officers, partners, members, agents or advisers or any other person for any action taken on the basis of the content of this document. Gresham House does not undertake to provide the recipient with access to any additional information or to update this document or to correct any inaccuracies therein which may become apparent.
No undertaking, representation, warranty or other assurance, express or implied, is made or given by or on behalf of Gresham House or any of its respective directors, officers, partners, members, agents or advisers or any other person as to the accuracy or completeness of the information or opinions contained in this document and no responsibility or liability is accepted by any of them for any such information or opinions.
Past performance is not necessarily a guide to future performance. The value of investments may fall as well as rise and investors may not get back the amount invested.
No representation is being made that any investment will or is likely to achieve profits or losses similar to those achieved in the past, or that significant losses will be avoided.
The internal rates of return or IRRs presented on a “gross” basis do not reflect any management fees, carried interest, taxes and allocable expenses of the kind that will be borne by investors in a fund, which in the aggregate may be substantial.
No person, especially those who do not have professional experience in matters relating to investments, must rely on the contents of this document. If you are in any doubt as to the matters contained in this document you should seek independent advice where necessary. This document has not been submitted to or approved by the securities regulatory authority of any state or jurisdiction.
Please contact a member of the Gresham House team if you wish to discuss your investment or provide feedback on this document. Gresham House is committed to meeting the needs and expectations of all stakeholders and welcomes any suggestions to improve its service delivery. www.greshamhouse.com