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Mobeus Income & Growth VCT ( (GB:GHV2) ) has provided an update.
Gresham House Income & Growth 2 VCT has completed a substantial share allotment under its latest fundraising, issuing 48,737,579 new ordinary shares at an average price of 49.91 pence to investors participating in its recently launched offer. The move expands the trust’s equity base to 371,885,651 voting shares, reinforcing its capacity to deploy additional capital into its portfolio of growth companies.
The offer, run in parallel with Gresham House Income & Growth VCT, has now closed to new applications after raising gross proceeds of £24.32 million, or £23.51 million net of expenses. The new shares are expected to begin trading on the London Stock Exchange on 7 April 2026, providing existing and new shareholders with increased liquidity while clarifying the denominator for regulatory disclosure of significant shareholdings under UK transparency rules.
More about Mobeus Income & Growth VCT
Gresham House Income & Growth 2 VCT plc is a UK-listed venture capital trust that provides investors with exposure to a portfolio of smaller, growth-focused companies, typically offering tax-advantaged access to the UK private equity and growth capital market. The trust is managed by Gresham House Asset Management and targets income and capital growth for its shareholders over the long term.
Average Trading Volume: 96,587
Technical Sentiment Signal: Hold
Find detailed analytics on GHV2 stock on TipRanks’ Stock Analysis page.