9th Feb 2016 17:12
LONDON (Alliance News) - Mobeus Income & Growth 2 VCT PLC late Tuesday said its net asset value rose over the last three months of 2015 and said it has stuck to its dividend target.
The trust said its net asset value at the end of December stood at 123.55 pence per share, rising from 121.43 pence per share at the end of September, with net assets attributable to shareholders increasing to USD44.7 million from GBP44.0 million.
Mobeus Income said it has declared a 5.0p interim dividend for the year to end March 31, 2016, sticking to its target announced back in June last year after paying a 19.00 pence per share dividend in the last financial year thanks to "exceptional phase of profitable realisations".
The trust made GBP2.1 million from the sale of its investment in Tessella Holdings during December, making a net gain of GBP1.4 million.
Mobeus shares closed down 1.4% to 109.0 pence per share on Tuesday.
By Joshua Warner; [email protected]; @JoshAlliance
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