Last checked at 
6 Dec 2012 15:43
Mobeus Income & Growth 4 VCT plc (the "Company") INTERIM MANAGEMENT STATEMENT For the quarter ended 31 October 2012
In accordance with Rule 4.3 of the Disclosure and Transparency Rules of the UK Listing Authority, Mobeus Income & Growth 4 VCT plc presents an Interim Management Statement for the quarter ended 31 October 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
31 October 2012 31 July 2012 Net assets attributable to shareholders £32,645,720 £32,937,188 Shares in issue 28,770,873 28,918,840 Net asset value per Ordinary Share 113.47p 113.90p Cumulative dividends paid per Ordinary Share 26.70p 26.70p
Total return per share (net asset value basis) 140.17p 140.60p since inception
DIVIDEND
No dividends were paid during the quarter.
CHANGE OF YEAR-END
To facilitate the process of allotting shares arising from any future fund-raisings, the Board has decided to amend the Company's accounting reference date to 31 December. Thus the next accounts that shareholders will receive will be for the 11 months ended 31 December 2012.
INVESTMENT ACTIVITY
In August 2012, Blaze Signs Holdings Limited repaid the remainder of their original loan, generating proceeds of £37k, including premium of £8k. After the period end, £278k was repaid in respect of their second loan bringing the total loan repayment proceeds (including interest) to date to £625k or 102% of cost.
No further divestments were made during the period.
SHARE BUY-BACKS
The Company bought back 64,373 of its own Ordinary Shares at a price of 100.25 pence per share on 28 September 2012 and a further 83,594 Ordinary Shares at a price of 102.5 pence per share were bought back on 3 October 2012. There were 28,770,873 Ordinary Shares in issue at the date of this announcement.
ENHANCED BUYBACK FACILITY
The Board of the Company is pleased to announce that they are considering offering shareholders the opportunity to participate in an enhanced buyback facility in 2013. The Scheme will provide shareholders with the opportunity to sell some or all of their shares in the VCT back to the Company and re-invest the proceeds in new shares in the Company.
Full terms of the enhanced buyback facility are expected to be provided to shareholders in the first quarter 2013, at which point a further announcement will be made.
For further information, please contact:
Robert Brittain, for Mobeus Equity Partners LLP, Company Secretary: 020 7024 7600.
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