VCT Fundraising for the 2024/25 tax year

This document has been issued as a financial promotion for the purposes of section 21 of the Financial Services and Markets Act 2000 and approved as such by Gresham House whose registered office is 5 New Street, London EC4A 3TW and is authorised and regulated by the Financial Conduct Authority (FCA number 682776).

This document includes details of Mobeus Income & Growth VCT plc (MIG) and The Income & Growth VCT plc (I&G) (together Mobeus VCTs or the Companies). 

This document is not a prospectus but an advertisement and the receipt of Consideration Shares by a Target VCT’s shareholders will be, and/or any subscription for Offer Shares in an Acquirer VCT should only be made, on the basis of the information contained in the Prospectus (and your attention is drawn to the risk factors set out in Part I of the Prospectus). This document does not, and is not intended to, form the basis of (nor may it be relied on in connection with) the issuance of, or any contract for the acquisition of, any shares in an Acquirer VCT. Information contained herein is qualified entirely by the information in the Prospectus. The approval of the Prospectus by the Financial Conduct Authority should not be understood as an endorsement of the shares of an Acquirer VCT. Investment in an Acquirer VCT should be considered a long-term investment. The value of shares in an Acquirer VCT, and the income derived from them, can go up and down and investors may not get back the money originally invested. In addition, there is no certainty that the market price of the shares in an Acquirer VCT will fully reflect their underlying net asset value nor that dividends will be paid. Past performance is not a guide to future performance and there is no guarantee that an Acquirer VCT’s objectives (including maintaining VCT status) will be achieved.

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