StockMarketWire.com - Mobeus Income & Growth VCT is proposing a buyback of up to 50% of the issued capital of the company, which is subject to shareholder approval at a meeting on Feb. 22, 2013.

The company said it was proposing to purchase up to a maximum of 24,016,511 existing shares, which represent 50% of the issued share capital as at 24 January 2013, subject to the proceeds of sale being reinvested in new shares.

The record date to be eligible to participate in the enhanced buyback facility was 1700 GMT on Jan. 24.




At 9:48am: [LON:MIX] Matrix Income & Growth VCT share price was 0p at 80.5p



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