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15 Mar 2013 13:19
MOBEUS INCOME & GROWTH 2 VCT PLC - Interim Management Statement - CORRECTION2MOBEUS INCOME & GROWTH 2 VCT PLC - Interim Management Statement - CORRECTION2
PR Newswire
London, March 15
15 March 2013
CORRECTION - UNAUDITED INTERIM MANAGEMENT STATEMENT
Further to the announcement released earlier today, 15 March 2013 (NumberPRNUK-1503131120-37CE), there was an error with the record date reported inconnection with the interim dividend of 4p per share. The record date shouldhave been 2 April 2013 and not 28 or 27 March 2013 as announced. The dividendpayment date remains as 19 April 2013.
The full text of the announcement, including the above amendment is includedbelow.
---- 16 March 2012CORRECTION - UNAUDITED INTERIM MANAGEMENT STATEMENT
Further to the announcement released earlier today, 15 March 2013 (NumberPRNUK-1503130935-9486), there was an error with the record date reported inconnection with the interim dividend of 4p per share. The record date shouldhave been 27March 2013 and not 28 March 2013 as announced. The dividend paymentdate is 19 April 2013.
The full text of the announcement, including the above amendment is includedbelow. ---- UNAUDITED INTERIM MANAGEMENT STATEMENT For the quarter ended 31 January 2013 In accordance with Rule 4.3 of the Disclosure and Transparency Rules of the UKListing Authority, Mobeus Income & Growth 2 VCT plc presents an InterimManagement Statement for the quarter ended 31 January 2013. The statement alsoincludes relevant financial information between the end of the period and thedate of this statement. NET ASSET VALUE PER SHARE Ordinary Shares 31 January 2013 31 October 2012 Net assets attributable to ÂŁ25,495,439 ÂŁ24,578,189shareholders Shares in issue 24,560,210 24,767,305 Net asset value per 1p Share: - Including current year income 103.81p 99.24p - Excluding current year income 102.59p 98.46pDIVIDENDS
No dividends were paid during the quarter.
The Board has today declared an interim dividend of 4p per share for the yearending 30 April 2013, made up of 1.25p from income and 2.75p from capital. Thedividend will be paid on 20 April 2013 to shareholders on the register on 28March 2013.
SHARE BUY-BACKS
During the quarter the Company bought back 207,095 Ordinary Shares of 1p eachat 69.75p per share.
INVESTMENT ACTIVITY New investmentOn 14 March 2013, the Company invested ÂŁ1,056,416 (including ÂŁ1,000,000 fromFosse Management Limited, one of the Company's acquisition companies) tosupport the MBO of Gro Group Holdings Limited, the market leader for baby sleeptime products in the UK and Australia.
Follow-on investment
On 18 February 2013, the Company invested a further ÂŁ624,768 into FullfieldLimited ("Motorclean"), using its acquisition vehicle, Almsworthy Limited tosupport Motorclean's acquisition of Forward Valeting Services Limited, acompany with a similar business model in the UK car valeting market.
Realisations
A total of ÂŁ636,499 (including any premiums paid) has been received in loanstock repayments from portfolio companies during the quarter to 31 January2013. Blaze Signs repaid ÂŁ623,480 during the quarter, plus interest arrears ofÂŁ52,520 and Tessella Holdings Limited made a scheduled repayment of ÂŁ13,019 atthe end of December.
No further divestments were made during the period.
Please note that all the information above is unaudited.
Other than as described above, there were no material events during the periodand to the date of this announcement.
For further information, please contact:
Robert Brittain, for Mobeus Equity Partners LLP, Company Secretary: 020 70247600
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