Income & Growth VCT plc Class S (GB:IGV) has released an update.
Mobeus Income & Growth VCTs, comprising four separate entities, have announced plans to merge into two consolidated companies, aiming to streamline their operations. Shareholders are expected to receive shares based on net asset value in the newly formed entities, subject to the merger’s approval. Following the merger, the companies also intend to open new share subscription offers for the 2024/25 tax year.
For further insights into GB:IGV stock, check out TipRanks’ Stock Analysis page.