12th May 2014 14:20
LONDON (Alliance News) - Mobeus Income & Growth 4 VCT PLC said Monday that it had seen net asset value per share rise in the quarter to end-March.
The trust's total return on net asset value per share was 158.64 pence on March 31, up from 154.10 at the end of December.
The company posted a net asset value per share of 124.44 pence, up from 119.92 pence.
During the period, the company invested GBP1.37 million in Entanet International Ltd, and a further GBP1.82 million into two new acquisition investments.
Following the quarter end in April, it sold its remaining investment in MachineWorks Software Ltd for GBP327,000. The trust said it had seen a return on investment over the life of the investment of 4.1 times its original cost of GBP135,000.
Shares in Mobeus Income & Growth 4 were trading up 0.5% at 105.03 pence Monday morning.
By Hana Stewart-Smith; [email protected]; @hanassallnews
Copyright 2014 Alliance News Limited. All Rights Reserved.
Related Shares:
MIG4.L