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Pin to quick picksMobeus I&g 4 Share News (MIG4)

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Mobeus Income & Growth 4 VCT is an Investment Trust

To provide investors with a regular income stream and to generate capital growth by investing primarily in a diverse portfolio of UK unquoted companies.

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TRADING UPDATES: Harworth optimistic on 2027; Plexus extends agreement

Tue, 23rd May 2023 16:12

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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Epwin Group PLC - Solihull, England-based building products manufacturer - Says it continued to trade well and in line with own expectations, with revenue between January 1 and May 23 up 3% annually. Company expects to deliver underlying operating profit for the year in line with expectations. Notes impact of inflationary pressures on raw material costs such as polyvinyl chloride resin, which it says have eased in the last two years. Chair Andrew Eastgate says: "The medium and long-term drivers of the group's end markets remain positive, with a shortage of new and affordable housing, an ageing and poorly maintained housing stock and increasing concern about the quality of social housing all helping to bolster future demand."

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Harworth Group PLC - Regenerator of land and property for sustainable development and investment - Chief Executive Officer Lynda Shillaw gives outlook, saying: "Our sustained progress with acquisitions, planning and development across our landbank, as well as our strong financial position, means we are well positioned to continue to drive value for stakeholders and deliver sustainable places where people want to live and work." Company notes "significant progress" in 2023 regarding its strategy to achieve GBP1 billion EPRA net disposal value by 2027, up from GBP633.8 million at the end of 2022. Net debt as at April 30 narrowed 11% to GBP43.2 million from GBP48.4 million at December 31. Meanwhile, Harworth says it has directly developed 110,000 square feet of grade A space so far in 2023.

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IQ-AI Ltd - Jersey-based medical services firm - Says so far, over 200 more datasets have been received in collaboration with Phoenix Children's Hospital, which will be used for continued development of artificial intelligence imaging technologies targeted to aid pediatric patients. Chair Trevor Brown says: "Progress continues steadily across all activities as prospects continue to brighten. I am looking forward to updating shareholders as the year unfolds."

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Mobeus Income & Growth VCT PLC and Mobeus Income & Growth 4 VCT PLC - London-listed venture capital trusts - Release their quarterly reports for the three months to March 31. Mobeus Income & Growth VCT reports net asset value per share of 63.88p at March 31, down 0.2% from 64.01p at December 31. NAV per share for Mobeus Income & Growth 4 VCT in the same time falls 0.3% to 79.83p from 80.05p.

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Plexus Holdings PLC - West Sussex-based engineering services provider - Says SLB extends non-exclusive agreement with Plexus for another six years, effective from November. In November 2020, Plexus entered into a licensing agreement with Cameron International Ltd, a subsidiary of oilfield services provider SLB, formerly Schlumberger. Plexus explains: "The non-exclusive licence enabled SLB to use the company's POS-GRIP friction grip method of engineering and 'HG' metal to metal sealing system for the development of oil and gas surface production wellheads."

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UK Oil & Gas PLC - UK-focused oil and gas exploration and production company - Temporarily suspends testing operations at Pinarova-1 well in Turkey. The company explains: "The decision results from analysis of downhole pressure gauge data from testing operations, which indicates that the 4.5-inch perforating guns used have been unable to establish direct contact with the formation through the casing and cement."

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Xeros Technology Group PLC - Rotherham, England-based laundry technology developer - CEO Neil Austin says that since reporting its 2022 results in April, the company "continued to gain commercial traction, most recently signing a technology licensing and distribution agreement for our Garment Finishing technology with KRM, who will act as a global distributor for Yilmak Makine, one of the largest manufacturers of garment finishing machines in the world." Xeros expects to benefit from France's decision to mandate a deadline of January 1, 2025 for a microfibre capture requirement in all washing machines. The company says: "Given the global legislative agenda, Xeros' technologies are vital to achieving this and are increasingly doing so. We look forward to updating the shareholders on our progress in due course."

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By Tom Budszus, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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17 Apr 2024 21:55

EARNINGS AND TRADING: Chill Brands shareholder seeks board ejections

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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15 Mar 2024 13:11

UK dividends calendar - next 7 days

Monday 18 March 
Aquila European Renewables PLC 
BP Marsh & Partners PLC 
Triple Point Venture VCT PLC 
Tuesday 19 March 
Jarvis Securities PLCdividend payment date
Wednesday 20 March 
Virgin Money UK PLCdividend payment date
Thursday 21 March 
abrdn Asia Focus PLCdividend payment date
abrdn Private Equity Opportunities Trust PLCex-dividend payment date
AIB Group PLCex-dividend payment date
Beazley PLCex-dividend payment date
BlackRock World Mining Trust PLCex-dividend payment date
British American Tobacco PLCex-dividend payment date
Chemring Group PLCex-dividend payment date
CLS Holdings PLCex-dividend payment date
Conduit Holdings Ltdex-dividend payment date
Craneware PLCex-dividend payment date
Crest Nicholson Holdings PLCex-dividend payment date
Diverse Income Trust PLCex-dividend payment date
Fonix Mobile PLCex-dividend payment date
FW Thorpe PLCex-dividend payment date
Glanbia PLCex-dividend payment date
GlobalData PLCex-dividend payment date
Globalworth Real Estate Investments Ltdex-dividend payment date
Goodwin PLCex-dividend payment date
Gore Street Energy Storage Fund PLCex-dividend payment date
Hargreaves Services PLCex-dividend payment date
HgCapital Trust PLCex-dividend payment date
Hikma Pharmaceuticals PLCex-dividend payment date
Jardine Matheson Holdings LDex-dividend payment date
London Finance & Investment Group PLCex-dividend payment date
Maven Income & Growth VCT 3 PLCex-dividend payment date
Maven Income & Growth VCT 5 PLCex-dividend payment date
MTI Wireless Edge Ltdex-dividend payment date
Nichols PLCex-dividend payment date
NWF Group PLCex-dividend payment date
Palace Capital PLCex-dividend payment date
Pearson PLCex-dividend payment date
Pembroke VCT B PLCex-dividend payment date
Primorus Investments PLCex-dividend payment date
Schroders PLCex-dividend payment date
Triple Point Energy Transition PLCex-dividend payment date
Tristel PLCex-dividend payment date
VPC Specialty Lending Investments PLCdividend payment date
Friday 22 March 
easyJet PLCdividend payment date
FRP Advisory Group PLCdividend payment date
Gulf Investment Fund PLCdividend payment date
Henderson Opportunities Trust PLCdividend payment date
Hercules Site Services PLCdividend payment date
Impax Asset Management Group PLCdividend payment date
JLEN Environmental Assets Group Ltddividend payment date
JPMorgan Multi-Asset Growth & Income PLCdividend payment date
Mattioli Woods PLCdividend payment date
Mobeus Income & Growth 2 VCT PLCdividend payment date
Mobeus Income & Growth 4 VCT PLCdividend payment date
Ramsdens Holdings PLCdividend payment date
Riverstone Credit Opportunities Income PLCdividend payment date
Ruffer Investment Co Ltddividend payment date
Samuel Heath & Sons PLCdividend payment date
Troy Income & Growth Trust PLCdividend payment date
Unilever PLCdividend payment date
  
Comments and questions to newsroom@alliancenews.com
  
A full 14-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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28 Feb 2024 16:24

Mobeus Income & Growth VCTs and Income & Growth VCT discuss mergers

(Alliance News) - The boards of Mobeus Income & Growth VCT PLC, Mobeus Income & Growth 2 VCT PLC, Mobeus Income & Growth 4 VCT PLC and Income & Growth VCT PLC have entered discussions on merging the four companies into two.

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8 Feb 2024 16:06

UK dividends calendar - next 7 days

Friday 9 February 
AJ Bell PLCdividend payment date
B&M European Value Retail SAspecial dividend payment date
BlackRock Latin American Investment Trust PLCdividend payment date
Braemar PLCdividend payment date
i3 Energy PLCdividend payment date
JPMorgan Multi-Asset Growth & Income PLCdividend payment date
Montanaro UK Smaller Cos Investment Trust PLCdividend payment date
Netcall PLCdividend payment date
Origin Enterprises PLCdividend payment date
Sage Group PLCdividend payment date
Schroder AsiaPacific Fund PLCdividend payment date
Tracsis PLCdividend payment date
Tufton Oceanic Assets Ltddividend payment date
Monday 12 February 
no events scheduled 
Tuesday 13 February 
Cohort PLCdividend payment date
Future PLCdividend payment date
Mondi PLCspecial dividend payment date
Wednesday 14 February 
Blackrock Frontiers Investment Trust PLCdividend payment date
Ecora Resources PLCdividend payment date
Grainger PLCdividend payment date
Oxford Metrics PLCdividend payment date
Supermarket Income REIT PLCdividend payment date
Unicorn AIM VCT PLCdividend payment date
Unicorn AIM VCT PLCspecial dividend payment date
Thursday 15 February 
Alternative Income REIT PLCex-dividend payment date
Aquila European Renewables PLCex-dividend payment date
Balanced Commercial Property Trust Ltdex-dividend payment date
BioPharma Credit PLCex-dividend payment date
BP Marsh & Partners PLCex-dividend payment date
BP PLCex-dividend payment date
Elixirr International PLCdividend payment date
Gabelli Merger Plus+ Trust PLCex-dividend payment date
GCP Asset Backed Income Fund Ltdex-dividend payment date
Greencoat UK Wind PLCex-dividend payment date
Gulf Investment Fund PLCex-dividend payment date
Hargreave Hale AIM VCT PLCdividend payment date
Henderson Opportunities Trust PLCex-dividend payment date
ICG Enterprise Trust PLCex-dividend payment date
Impax Environmental Markets PLCex-dividend payment date
Imperial Brands PLCex-dividend payment date
Invesco Perpetual UK Smaller Cos IT PLCex-dividend payment date
Invesco Select Trust PLC Global Equity Incomedividend payment date
Invesco Select Trust PLC UK Equitydividend payment date
JPMorgan European Growth & Income PLCex-dividend payment date
Knights Group Holdings PLCex-dividend payment date
M Winkworth PLCdividend payment date
Majedie Investments PLCex-dividend payment date
Mattioli Woods PLCex-dividend payment date
Mobeus Income & Growth 4 VCT PLCex-dividend payment date
Mountview Estates PLCex-dividend payment date
Murray Income Trust PLCex-dividend payment date
NCC Group PLCex-dividend payment date
NextEnergy Solar Fund Ltdex-dividend payment date
Pershing Square Holdings Ltdex-dividend payment date
PRS REIT PLCex-dividend payment date
Ramsdens Holdings PLCex-dividend payment date
Schroder UK Mid Cap Fund PLCex-dividend payment date
Shell PLCex-dividend payment date
Triple Point Venture VCT PLCex-dividend payment date
Troy Income & Growth Trust PLCex-dividend payment date
UK Commercial Property REIT Ltdex-dividend payment date
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
27 Sep 2023 18:37

IN BRIEF: Mobeus Income & Growth 4 reports positive NAV total return

Mobeus Income & Growth 4 VCT PLC - Reports net asset value at June 30 was 76.19 pence, no comparison was given. States there was a positive NAV total return per share of 1.4%. Declares interim dividend of 5.00p per share. During the period the company made three new investments totalling GBP1.21 million during the period and invested GBP1.25 million in two new and two follow on investments after the period end.

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6 Apr 2023 14:34

IN BRIEF: Mobeus Income 4 net asset value drops; lifts payout

Mobeus Income & Growth 4 VCT PLC - London-listed venture capital trust - Says net asset value total return per share for 2022 was negative 15.5%, compared to a positive return of 42.7% in 2021. NAV per share as at December 31 is 80.05 pence per share, down from 111.27p a year earlier. Portfolio value as at December 31 stands at GBP46.0 million, down from GBP65.6 million on the same date a year earlier. Looking ahead, the company says it is "well positioned to take advantage of investment opportunities to deliver attractive returns over the medium and longer term". Total dividend for 2022 is 10.00 pence per share, up from 9.0p a year prior.

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27 Mar 2023 15:32

Mobeus Income & Growth VCTs realise gain from Tharstern investment

(Alliance News) - Four London-listed venture capital trusts on Monday said they have sold their investments in Tharstern Group Ltd.

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5 Dec 2022 21:40

TRADING UPDATES: Sancus returns GBP1.6 million; Versarien's UK loan

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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14 Nov 2022 19:52

TRADING UPDATES: Aeorema reinstates payout; Resolute upsizes fundraise

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and Friday not separately reported by Alliance News:

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14 Sep 2022 17:59

IN BRIEF: Mobeus VCTs confirm maximum amount for subscription offers

Mobeus VCTs - London Main Market-listed venture capital trusts - Mobeus Income & Growth VCT PLC to raise GBP14 million through new offer for subscription, with over-allotment facility of GBP8 million.

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14 Sep 2022 17:01

TRADING UPDATES: Trakm8 expects loss; Sutton Harbour has strong summer

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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15 Aug 2022 15:19

IN BRIEF: Mobeus VCTs confirm intent to launch subscription offers

Mobeus VCTs - London Main Market-listed venture capital trusts - Mobeus Income & Growth VCT PLC, Mobeus Income & Growth 2 VCT PLC, Mobeus Income & Growth 4 VCT PLC, and Income & Growth VCT PLC announce intent to launch offers for subscription for new shares in the current 2022/23 tax year.

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13 Jun 2022 14:23

Mobeus Income & Growth VCTs sell investments in Media Business Insight

(Alliance News) - Four London-listed venture capital trusts on Monday have received proceeds from the sale of their investments in Media Business Insight Holdings Ltd.

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13 May 2022 14:43

IN BRIEF: Mobeus Income & Growth 4 sees quarterly net assets fall

Mobeus Income & Growth 4 VCT PLC - London-based investment firm - Records a net asset value per share of 102.69 pence as at March 31, down 8.6% from 111.27p as at December 31. Reports net assets attributable to shareholders as at March 31 of GBP93.7 million, down 0.1% from GBP92.79 million as at December 31. Explains that the decreases arise from the 4.00p per share dividend paid in January, as well as a fall in unrealised valuations. Notes that it completed a new investment of GBP610,000 into the retail technology business Proximity Insight Ltd in the quarter.

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