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IN BRIEF: Mobeus-Advised VCTs Offload Vectair Investment

1st Dec 2020 19:51

Mobeus Income & Growth VCT PLC - investment firm focussed on diverse portfolio of UK unquoted companies - Nets GBP2.9 million from sale of Vectair Holdings Ltd investment. Expects 0.17 pence rise to NAV per share of 65.69p at September 30.

All four Mobeus-advised VCTs realised their investment in Vectair. Cash proceeds have been received by the four Mobeus-advised VCTs over the life of their investment in Vectair of GBP9.30 million. Mobeus Income & Growth 4 notes it nets GBP510,000 from the realisation, adding 0.05p to its 72.31p NAV per share at September 30.

Mobeus Income & Growth VCT current stock price: 57.00 pence

Year-to-date change: down 4.6%

Mobeus Income & Growth 4 VCT current stock price: 67.50 pence

Year-to-date change: up 2.3%

By Paul McGowan; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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