Last checked at 
14 Jun 2012 09:11
Matrix Income & Growth 4 VCT plc (the "Company") INTERIM MANAGEMENT STATEMENT For the quarter ended 30 April 2012
In accordance with Rule 4.3 of the Disclosure and Transparency Rules of the UK Listing Authority, Matrix Income & Growth 4 VCT plc presents an Interim Management Statement for the quarter ended 30 April 2012. 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
30 April 2012 31 January 2012 Net assets attributable to shareholders £33,769,192 £28,322,453 Shares in issue 28,748,870 25,201,557 Net asset value per Ordinary Share 117.46p 116.70p Cumulative dividends paid per Ordinary Share 21.70p 21.70p
Total return per share (net asset value basis) 139.16p 138.40p since inception
ANNUAL GENERAL MEETING
All resolutions were duly passed at the Company's Annual General Meeting on 13 June 2012.
Shareholders approved the introduction of electronic communication which will be applicable for the Half-Yearly Report and future communication to shareholders.
DIVIDEND
No dividends were paid during the quarter, but an interim dividend of 5 pence per share (1.5 pence from income and 3.5 pence from capital) was paid for the year ended 31 January 2012 on 6 June 2012.
MATRIX VCTs' LINKED OFFER FOR SUBSCRIPTION
During the quarter the Linked Offer launched in January 2012 with two other Matrix advised VCTs, has raised a further £4.15 million of net funds. 3,546,964 Ordinary Shares were allotted at a price of 123.5 pence per share in the quarter. On 10 May 2012 a further 453,297 Ordinary Shares were allotted at 123.5 pence per share, bringing total net funds raised under the Offer to £4.67 million.
The Board expects that one further allotment under this Offer will occur in early July. The underlying NAV per share to be used will therefore be 112.46p (117.46p as above less the 5p dividend paid on 6 June 2012) giving an offer price of 119.1p per share.
SHARE BUY-BACKS
There were no share buybacks during the period. 150,000 Ordinary Shares at a price of 105.00p per share, and 175,000 Ordinary Shares at a price of 100.50p per share, were bought back after the period end. There were 28,877,167 Ordinary Shares in issue at the date of this announcement.
For further information, please contact:
Robert Brittain, for Matrix Private Equity Partners LLP, Company Secretary: 020 3206 7000.
ENDSDISCLAIMER
Neither the contents of the Company's website nor the contents of any website accessible from hyperlinks on the Company's website (or any other website) is incorporated into, or forms part of, this announcement.
XLON