Mobeus Income & Growth 2 VCT Plc (LSE : MIG) commences share repurchases on September 27, 2021, under the authorization approved on September 8, 2021. As per the mandate, the company is authorized to repurchase up to 10,977,218 shares, representing 14.99% of its issued share capital. The minimum price which may be paid for an ordinary share is 1 penny per share and the maximum price which may be paid for an ordinary share will be the higher of an amount equal to 5% above the average of the middle market quotations for a share in the company taken from the London Stock Exchange Daily Official List for the five business days immediately preceding the day on which the Share is contracted to be purchased.

the authority conferred by this resolution shall expire on the date falling fifteen months after the passing of this resolution or, if earlier, on the conclusion of the annual general meeting of the company to be held in 202; unless renewed, varied, or revoked by the company in general meeting. As of June 29, 2021, the company had 73,230,275 issued shares.