Mobeus Income & Growth VCT (GB:MIX) has released an update.
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Mobeus Income & Growth VCT PLC has seen strong investor demand for its recent offer, with applications exceeding 80% of the available shares, indicating the initial £35 million offering will likely be fully subscribed soon. In response to the high demand, the company has opened an over-allotment facility to raise an additional £10 million. The first allotment of shares is scheduled for 1 October 2024, with potential for an earlier additional allotment if the fundraise is completed ahead of schedule.
For further insights into GB:MIX stock, check out TipRanks’ Stock Analysis page.
