Last checked at 
9 Nov 2016 16:19
Mobeus Income & Growth VCT plc
("the Company")
INTERIM MANAGEMENT STATEMENT
For the quarter ended 30 September 2016
Mobeus Income & Growth VCT plc presents an Interim Management Statement for the quarter ended 30 September 2016. The statement also includes relevant financial information between the end of the period and the date of this statement.
NET ASSET VALUE (NAV) AND TOTAL RETURN PER SHARE
At 30 September 2016 | At 30 June 2016 | |
Net assets attributable to shareholders | £62,785,625 | £68,672,569 |
Shares in issue | 75,627,951
| 75,627,951 |
Net asset value (NAV) per share | 83.02 p | 90.80 p |
Cumulative dividends paid | 89.80 p | 81.30 p |
Cumulative total return per share (NAV basis) since inception | 172.82 p | 172.10 p |
% return on initial NAV per share of 94.5 pence at inception in July 2004 | 82.9 % | 82.1 % |
The NAV per share fell by 7.78 pence over the quarter, principally due to the payment of an interim dividend of 8.50 pence per share in the quarter, referred to below.
DIVIDENDS
The Company paid an interim dividend of 8.50 pence per share (comprising 6.50 pence from capital and 2.00 pence from income) on 20 September 2016, bringing cumulative dividends paid per share to date to 89.80 pence.
INVESTMENT ACTIVITY
New Investments
There were no new investments during the period.
After the period-end, on 20 October 2016, £0.61 million was invested into BookingTek Limited, a provider of direct-booking software to major hotel groups. This is the third investment made in accordance with the Company's new Investment Policy, approved by shareholders in May this year. The new Policy was prepared in response to new VCT rules that require all VCTs to provide growth capital to younger, earlier stage companies]
Realisations
There were no realisations during the period. £0.02 million was received from Newquay Helicopters (2013) as a third interim distribution resulting from the members' voluntary liquidation of the company.
SHARE BUY-BACKS
There were no share buybacks during the period.
Please note that all of the information above 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:
Sarah Penfold, for Mobeus Equity Partners LLP, Company Secretary: 020 7024 7600.