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Interim Management Statement

10 May 2013 11:54

MOBEUS INCOME & GROWTH 4 VCT PLC - Interim Management Statement

MOBEUS INCOME & GROWTH 4 VCT PLC - Interim Management Statement

PR Newswire

London, May 10

Mobeus Income & Growth 4 VCT plc (the "Company") INTERIM MANAGEMENT STATEMENT For the quarter ended 31 March 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 31 March 2013. The statement alsoincludes relevant financial information between the end of the period and thedate of this statement.

NET ASSET VALUE AND TOTAL RETURN PER SHARE

31 March 2013 31 December 2012 Net assets attributable to shareholders £38,774,929 £33,537,271 Shares in issue 32,320,827 28,589,452 Net asset value per Ordinary Share 119.97p 117.31p Cumulative dividends paid per Ordinary Share 26.70p 26.70p

Total return per share (net asset value basis) 146.67p 144.01psince inception

DIVIDEND

No dividends were paid during the quarter, but an interim dividend of 5.5 penceper share (1.0 pence from income and 4.5 pence from capital) is being paid forthe eleven months ended 31 December 2012, today (10 May 2013), bringingcumulative dividends paid to date to 32.2 pence per share.

NEW INVESTMENT

On 14 March 2013, the Company invested £1,484,302 (including £1,000,000 fromFosse Management Limited, one of the Company's acquisition companies) tosupport the MBO of Gro-Group, a market leader for baby sleep time products inthe UK and Australia.

FURTHER INVESTMENTS

In February 2013, the Company made a further investment into Fullfield (tradingas Motorclean) of £683,135, utilising the Company's existing investment in theacquisition vehicle, Almsworthy. This investment supported Motorclean'sacquisition of Forward Valeting Services Limited, a company with a similarbusiness model in the UK car valeting market. As a result, the Company alsoreceived a repayment of funds from Almsworthy of £316,865.

A further loan stock investment of £41,912 for working capital purposes wasmade in March 2013 into British International Holdings Ltd.

Following the quarter-end in March 2013, the VCT has made a further investmentof £1 million, utilising £1 million from the acquisition vehicle PeddarsManagement, into ATG Media Holdings, an existing investment. This was tofinance ATG's acquisition of Bidspotter, a US company providing live biddingand auction software to industrial and commercial liquidation auctioneers.

DIVESTMENTS

In March 2013, the VCT sold part of its loan stock and its entire equityinvestment in Faversham House for net proceeds of £142,742. The Companycontinues to hold a loan stock investment in Faversham of £102,906. The totalof these figures, £245,648 compares with a total original cost of £346,488 andwith the 31 December 2012 valuation of £79,560.

LOAN STOCK REPAYMENTS

One repayment of £18,214 was received from Tessella, an investment that wasmade in July 2012.

MOBEUS VCT's - LINKED OFFER FOR SUBSCRIPTION

The Linked Offer for Subscription with two other Mobeus advised VCTs launchedon 29 November 2013 and closed on 30 April 2013. It raised total gross proceedsof £24.85 million with each company raising £8.28 million.

The Company has issued and allotted 6,951,240 new Ordinary Shares of 1p each intotal. 1,643,474 were allotted at a price of 120.1 pence per share, 5,066,036at a price of 121.3 pence per share, 89,900 at a price of 124.2 pence per shareand 151,830 at a price of 115.6 pence per share.

ENHANCED BUYBACK FACILITY

The Company launched an Enhanced Buyback Facility on 24 January 2013, whichclosed on 25 March 2013. Applications were received for both the 2012/2013 and2013/2014 tax years. In total 5,902,280 ordinary shares of 1.0 pence each("Shares") were purchased at a price of 117.3 pence per share and 5,721,589 newShares at 121.0 pence per share were allotted and issued pursuant to theEnhanced Buyback Facility.

SHARE BUY-BACKS

The Company bought back 219,000 of its own Ordinary Shares at an average priceof 102.125 pence per share on 28 March 2013, representing an average discountof 10.3% to latest published net asset value per share on the date of purchase.There were 35,169,862 Ordinary Shares in issue at the date of thisannouncement.

For further information, please contact:

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

Date   Source Headline
4th Apr 201112:12 pmPRNIssue of Equity
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2nd Feb 201111:05 amPRNTransaction in Own Shares
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24th Jan 20119:51 amPRNIssue of Equity
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20th Dec 20103:06 pmPRNInterim Management Statement
30th Nov 20102:28 pmPRNTotal Voting Rights
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12th Nov 20106:12 pmPRNPublication of Prospectus
29th Oct 201011:31 amPRNTotal Voting Rights
25th Oct 201011:58 amPRNTransaction in Own Shares
6th Oct 20102:56 pmPRNDoc re Half-Yearly Report
27th Sep 20105:32 pmPRNDirectorate Change
27th Sep 20105:31 pmPRNHalf-yearly Report
30th Jul 201012:32 pmPRNTotal Voting Rights
30th Jul 201012:32 pmPRNTotal Voting Rights
28th Jul 20105:20 pmPRNTransaction in Own Shares
27th Jul 201010:30 amPRNDirectorate Change
2nd Jul 20103:56 pmPRNTransaction in Own Shares
30th Jun 20103:23 pmPRNTotal Voting Rights
16th Jun 20103:41 pmPRNDirector/PDMR Shareholding
16th Jun 20103:29 pmPRNIssue of Equity
14th Jun 20104:01 pmPRNForfeiture of shares
8th Jun 20103:13 pmPRNInterim Management Statement
27th May 20101:06 pmPRNResult of AGM
30th Apr 20102:49 pmPRNAnnual Financial Report
30th Apr 201011:54 amPRNTotal Voting Rights
13th Apr 201011:51 amPRNAnnual Information Update
12th Apr 20104:10 pmPRNAnnual Financial Report
8th Apr 20102:58 pmPRNAdmission of new Ordinary Shares to trading
6th Apr 20109:49 amPRNOffer for subscription closed
6th Apr 20109:46 amPRNIssue of Equity
1st Apr 20107:00 amPRNIssue of Equity
31st Mar 201010:00 amPRNStatement re Top-Up Offer
29th Mar 20109:44 amPRNNet Asset Value(s)
28th Jan 20104:44 pmPRNDoc re Offer for Subscription
28th Jan 20107:00 amPRNOffer for Subscription
31st Dec 20097:00 amPRNTotal Voting Rights
22nd Dec 200911:45 amPRNTransaction in Own Shares
18th Dec 20093:53 pmPRNInterim Management Statement
30th Nov 20093:29 pmPRNTotal Voting Rights
19th Nov 20093:42 pmPRNStatement re Realisation of investment in PastaKing

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