We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Mobeus Income & Growth 4 Vct Plc | LSE:MIG4 | London | Ordinary Share | GB00B1FMDH51 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 70.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMMIG4
RNS Number : 6447I
Mobeus Income & Growth 4 VCT PLC
05 December 2022
Mobeus Income & Growth 4 VCT plc
(the "Company")
LEI: 213800IFNJ65R8AQW943
Partial realisation of investment in EOTH Limited
The Company is pleased to announce the sale of its equity investment in EOTH Limited ("EOTH"). The Company has received GBP5.05 million in cash from the sale (including accrued preference dividends) and, to date, has generated a realised gain over cost over the life of the investment of GBP5.61 million, being the equivalent of 5.34 pence per share. The Company has retained its loan stock investment in EOTH.
In isolation, the impact of this partial sale on the Company's latest announced unaudited NAV per share of 80.50 pence at 30 September 2022 (adjusted for a dividend of 6.00 pence per share paid on 7 November 2022), would be an increase of 0.58 pence per share. The Company emphasises that the increase in NAV per share from this realisation is in isolation from other changes in the Company's balance sheet, including valuation and other transaction movements in the Company's investment portfolio, that may also have affected the NAV per share at 30 September 2022.
To date, cash proceeds have been received over the life of the investment of GBP6.56 million, against an original cost of GBP0.95 million. This represents a return to date for the Company of 6.9 times the original investment cost and an IRR of 23.2% in the eleven years that this investment was held.
For further information, please contact:
Gresham House Asset Management Limited
Company Secretary
+44 (0)20 7382 0999
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
MSCEELFBLLLEFBZ
(END) Dow Jones Newswires
December 05, 2022 11:00 ET (16:00 GMT)
1 Year Mobeus Income & Growth 4... Chart |
1 Month Mobeus Income & Growth 4... Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions