The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

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

Share Price Information for Mobeus I&g 4 (MIG4)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 68.00
Bid: 66.50
Ask: 69.50
Change: 0.00 (0.00%)
Spread: 3.00 (4.511%)
Open: 68.00
High: 68.00
Low: 68.00
Prev. Close: 68.00
MIG4 Live PriceLast checked at -
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.

Find out More

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

1st Quarter Results - Interim Management Statement

13 May 2019 10:10

RNS Number : 8169Y
Mobeus Income & Growth 4 VCT PLC
13 May 2019
 

 

Mobeus Income & Growth 4 VCT plc ("the Company")

 

INTERIM MANAGEMENT STATEMENT

For the quarter ended 31 March 2019

 

Mobeus Income & Growth 4 VCT plc presents an Interim Management Statement for the quarter ended 31 March 2019. The statement also includes relevant financial information between the end of the period and the date of this statement.

 

NET ASSET VALUE AND TOTAL RETURN PER SHARE

At 31 March 2019

At 31 December 2018

Net assets attributable to shareholders

£59,476,720

£57,895,784

Shares in issue

67,907,163

68,282,994

Net asset value (NAV) per share

87.59p

84.79p

Cumulative dividends paid

105.20p

105.20p

Cumulative Total return (net asset value basis) per share since inception

192.79p

189.99p

 

DIVIDENDS

A final dividend of 4.00 pence per share in respect of the year ended 31 December 2018 was approved by shareholders at the AGM held on 10 May 2019. The final dividend will be paid, to shareholders on the register on 26 April 2019, on 28 May 2019 and will bring cumulative dividends paid since inception to 109.20 pence per share.

 

NEW INVESTMENTS

The Company made no new investments during the quarter.

 

DIVESTMENTS

After the quarter end, the Company realised its investment in The Plastic Surgeon Holdings Limited. Cash proceeds received on completion were £1.38 million. In isolation, the impact of this transaction would represent an uplift on NAV per share disclosed above of 0.52 pence per share. Over the life of this investment, the Company received £2.56 million compared to an original cost of £0.46 million, which equates to a 5.6x multiple on cost and an IRR of 20.5%.

 

LOAN STOCK REPAYMENTS

The VCT received final repayments from the five companies preparing to trade totalling £1.35 million.

 

SHARE BUYBACKS

On 26 March 2019, the Company repurchased 375,831 of its own ordinary shares at a price of 75.59 pence per share for cancellation.

 

Following this share buyback and cancellation there are now 67,907,163 ordinary shares of 1 penny each in issue.

 

 

Please note that all of the above information is unaudited.

 

Other than as described above, there were no material events during the period and to the date of this announcement.

 

For further information, please contact:

Robert King, for Mobeus Equity Partners LLP, Company Secretary: 020 7024 7600.

 

 

 

 

 

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.
 
END
 
 
MSCGMGMKLFKGLZG
Date   Source Headline
8th May 201210:21 amPRNOffer Update and Issue of Supplementary Prospectus
8th May 201210:08 amPRNOffer Update and Issue of Supplementary Prospectus
2nd May 20124:20 pmPRNTransaction in Own Shares
1st May 201210:27 amPRNFinal Results
20th Apr 201212:04 pmPRNDividend Declaration
19th Apr 20124:21 pmPRNOffer Update - Extension of Offer
5th Apr 20127:28 pmPRNIssue of Equity
4th Apr 20125:53 pmPRNIssue of Equity
23rd Mar 201212:07 pmPRNOffer Update and Issue of Supplementary Prospectus
23rd Mar 201212:02 pmPRNOffer Update and Issue of Supplementary Prospectus
23rd Mar 201211:55 amPRNOffer Update and Issue of Supplementary Prospectus
9th Mar 201210:06 amPRNDirector/PDMR Shareholding
8th Mar 20125:35 pmPRNIssue of Equity
2nd Mar 20124:07 pmPRNNet Asset Value(s)
26th Jan 20124:38 pmPRNTransaction in Own Shares
20th Jan 20123:22 pmPRNPublication of Prospectus and Management Arrangements
20th Jan 20123:19 pmPRNPublication of Prospectus and Management Arrangements
20th Jan 20123:14 pmPRNPublication of Prospectus and Management Arrangements
19th Dec 20119:41 amPRNRealisation of investment
6th Dec 201110:00 amPRNInterim Management Statement
29th Nov 201111:11 amPRNTransaction in Own Shares
12th Oct 20119:44 amPRNDoc re: unaudited Half-Yearly Report
22nd Sep 20113:47 pmPRNHalf-yearly Report
14th Jul 201112:45 pmPRNIssue of Equity
6th Jul 20114:25 pmPRNIssue of Equity
28th Jun 201112:44 pmPRNTransaction in Own Shares
20th Jun 20112:11 pmPRNInterim Management Statement
23rd May 20113:32 pmPRNDoc re Annual Report (including AGM notice)
23rd May 201110:37 amPRNOffer Update and Issue of Supplementary Prospectus
19th May 20115:49 pmPRNTransaction in Own Shares
16th May 20116:00 pmPRNFinal Results - 31 January 2011
12th May 20113:04 pmPRNDirector/PDMR Shareholding
10th May 20112:59 pmPRNIssue of Equity
6th May 20113:51 pmPRNNet Asset Value and Notification of Allotment
21st Apr 20114:22 pmPRNOffer Update - Extension of Offer
18th Apr 20119:52 amPRNDirector Declaration
15th Apr 20113:59 pmPRNDividend Declaration
7th Apr 20113:08 pmPRNIssue of Equity - CORRECTION
6th Apr 20119:36 amPRNIssue of Equity
4th Apr 201112:12 pmPRNIssue of Equity
31st Mar 20119:37 amPRNTotal Voting Rights
29th Mar 20114:58 pmPRNOffer Update and Issue of Supplementary Prospectus
23rd Mar 20111:00 pmPRNIssue of Equity
1st Mar 201110:03 amPRNTotal Voting Rights
28th Feb 20114:18 pmPRNIssue of Equity
2nd Feb 201111:12 amPRNTotal Voting Rights
2nd Feb 201111:05 amPRNTransaction in Own Shares
24th Jan 20119:54 amPRNDirector/PDMR Shareholding
24th Jan 20119:51 amPRNIssue of Equity
4th Jan 201111:24 amPRNTotal Voting Rights

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.