Income & Growth VCT Achieves Full Subscription Post-Merger

Income & Growth VCT plc Class S (GB:IGV) has released an update.

Income & Growth VCT plc has successfully raised £45 million through its subscription offer, including an over-allotment option, following its merger with Mobeus Income & Growth VCT entities. The offer, which was subject to the merger’s implementation, has reached full subscription, with the final allotment of shares scheduled for late October. This development highlights strong investor interest and confidence in the newly merged entity.

For further insights into GB:IGV stock, check out TipRanks’ Stock Analysis page.