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Interim Management Statement

8 Nov 2013 09:30

MOBEUS INCOME & GROWTH 4 VCT PLC - Interim Management Statement

MOBEUS INCOME & GROWTH 4 VCT PLC - Interim Management Statement

PR Newswire

London, November 8

Mobeus Income & Growth 4 VCT plc (the "Company") INTERIM MANAGEMENT STATEMENT For the quarter ended 30 September 2013 In accordance with Rule 4.3 of the Disclosure and Transparency Rules of the UKListing Authority, Mobeus Income & Growth 4 VCT plc presents an InterimManagement Statement for the quarter ended 30 September 2013. The statementalso includes relevant financial information between the end of the period andthe date of this statement. NET ASSET VALUE AND TOTAL RETURN PER SHARE 30 September 30 June 2013 2013 Net assets attributable to shareholders £41,002,846 £41,678,922 Shares in issue 35,235,641 35,238,721 Net asset value per Ordinary Share 116.37p 118.28p Cumulative dividends paid per Ordinary Share 34.20p 32.20p Total return per share (net asset value 150.57p 150.48pbasis) since inception INVESTMENT ACTIVITY New Investments In July 2013, the Company invested £1.62 million in Veritek Global Limited, aEurope-wide provider of installation, maintenance and support services forblue-chip owners of printing equipment, using £1 million from one of theCompany's acquisition vehicles, Madacombe Trading Limited. After the period end, Gro-Group Holdings Limited has drawn down £56k as agreedat the time of the original investment into that company. Realisations A total of £1.01 million has been received in loan stock repayments during thequarter to 30 September 2013 including payments from DiGiCo Global, EMaC, Focusand Westway. A further £162k was received following the quarter-end including apayment from Blaze Signs. INTERIM DIVIDEND On 20 September 2013, an interim dividend of 2.0 pence per share (comprising0.75 pence capital and 1.25 pence income) for the year ending 31 December 2013was paid to Shareholders on the register as at 23 August 2013. DIVIDEND INVESTMENT SCHEME The Company issued and allotted 91,711 new ordinary shares in the Company at aprice of 104.75 pence per share on 26 September 2013 under the Company'sDividend Investment Scheme. SHARE BUYBACKS During the period, the Company bought back 94,791 of its ordinary shares forcancellation at a price of 104.18 pence per share and at a discount of 10.4% tothe net asset value per share prevailing at the date of the buyback. MOBEUS VCTs - LINKED OFFER FOR SUBSCRIPTION The Company is intending to launch a linked offer for subscription with MobeusIncome & Growth VCT plc, Mobeus Income & Growth 2 VCT plc and The Income &Growth VCT plc later this year. For further information, please contact: Elizabeth Birch/Robert Brittain, for Mobeus Equity Partners LLP, CompanySecretary: 020 7024 7600.
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