21st Nov 2018 14:35
LONDON (Alliance News) - Mobeus Income & Growth 2 VCT PLC on Wednesday said its net asset value per share grew in the first half of its current financial year.
NAV per share grew 2.7% in the six months to the end of September to 99.10 pence from 96.54p reported at the end of March. NAV total return was 2.7%, while share price total return was 1.7%.
The stock untraded on Wednesday at 88.00p a share.
Mobeus 2 VCT said it will consider the payment of an interim dividend "later in the financial year".
The company said underlying value of its portfolio increased by 3.4% to GBP27.9 million from GBP26.9 million as at march 31.
In the first half, Mobeus 2 VCT said it gained GBP480,000 on disposal of its stake in Lightworks, while the sale of its holding in Hemmels incurred a loss of GBP240,000.
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