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IN BRIEF: Mobeus Income & Growth net assets rise over first quarter

7th May 2021 17:39

Mobeus Income & Growth VCT PLC - London-based investment firm - Net asset value per share at end of March 80.26 pence, up from 67.03p at end of December.

"This strong performance is principally due to a further rise in unrealised portfolio valuations as well as gains on realisations. The admission to AIM of two portfolio companies made a significant contribution," company says.

Since March 31, 2020, the first quarter to reflect the outbreak of the coronavirus pandemic, NAV return per share has increased by 55%, firm says, a "very pleasing performance".

Current stock price: 76.50 pence; up 14% on Friday

Year-to-date change: up 33%

By Lucy Heming; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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