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Mobeus Income & Growth Net Assets Per Share Fall In First Quarter

9th May 2018 17:11

LONDON (Alliance News) - Mobeus Income & Growth VCT PLC said on Wednesday it saw a fall in net asset value per share in the first quarter of 2018.

The venture capital trust said its NAV per share in the quarter to the end of March was 71.54 pence, down from 71.75p at the end of 2017.

During the quarter Mobeus made three new investments into media services company Proactive Investors, home care online platform Super Carers and car restoration business Hemmels.

Two follow-on investments were made into video equipment online marketplace Mpb and Spanish restaurant chain Ibericos Etc. Ltd, trading as Tapas Revolution.

All investments totalled GBP2.6 million, with no divestments made during the period.

Shares in Mobeus Income & Growth VCT ended untraded on Wednesday, last quoted at 61.00 pence.


Related Shares:

Mobeus I&g
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Value8,809.74
Change53.53