Mobeus Income & Growth VCT PLC Half-year Report

RNS Number : 9159E

Mobeus Income & Growth VCT PLC

19 September 2024

 

MOBEUS INCOME & GROWTH VCT PLC

LEI:  213800HKOSEVWS7YPH79

 

HALF-YEAR RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2024

Mobeus Income & Growth VCT plc ("the Company") is pleased to announce its Half-Year results for the six months ended 30 June 2024.

As at 30 June 2024:

Net assets: £91.38 million

Net asset value per share: 56.26pence

 

Financial Highlights

Results for the six months ended 30 June 2024

·    There was a positive Net asset value ("NAV") total return¹ per share of 3.1%.

·    The Board declared an interim dividend in respect of the current year of 4.00 pence per share, which was paid to Shareholders on 31 May 2024. Payment of this dividend increased cumulative dividends paid¹ since inception in 2004 to 170.30 pence per share.

·    The Company made two new investments totalling £1.55 million and four follow-on investments of £2.48 million.

·    Net unrealised gains in the period were £3.34 million.

·    The Company received proceeds from investments totalling £3.49 million.

^{1  Definitions of key terms and alternative performance measures ("APMs") / Key Performance Indicators ("KPIs") shown above and throughout are shown in the Glossary of terms within the Company's Interim Report.}

 

The Half-Year Report can be downloaded from the following website: www.migvct.co.uk

A copy of the above document has been submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

 

For further information, please contact:

Gresham House Asset Management Limited

Company Secretary

[e-mail]

 

Tel:  [phone]

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