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Mobeus Income & Growth VCT NAV Rises In 2013

15th Apr 2014 10:02

LONDON (Alliance News) - Mobeus Income & Growth VCT PLC Tuesday said its net asset value total return per share increased by 14% in 2013.

The company said its net asset value per share at December 31, 2013 was 102.18 pence, compared with 94.22 pence a year earlier, and its share price total return per share for the year was 16.2%.

The venture capital trust said it invested a total of GBP9.76 million into new investments during the year, including the management buyouts of Gro-Group, Veritek Global and Virgin Wines, as well as additional investments to enable existing portfolio companies ATG Media and Motorclean to fund strategic acquisitions.

Its total dividend paid for the year was 7.25 pence.

Shares in the company last traded at 91.10 pence per share.

By Rowena Harris-Doughty; [email protected]; @rharrisdoughty

Copyright © 2014 Alliance News Limited. All Rights Reserved.


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Mobeus I&g
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