13th Jun 2022 14:23
(Alliance News) - Four London-listed venture capital trusts on Monday have received proceeds from the sale of their investments in Media Business Insight Holdings Ltd.
Mobeus Income & Growth VCT PLC has sold its investment in Media Business Insight for GBP4.9 million. Income & Growth VCT PLC has sold its investment in MBI for GBP5.6 million, while Mobeus Income & Growth 4 VCT has received GBP4.0 million, and Mobeus Income & Growth 2 VCT has received GBP2.9 million.
The four VCTs are managed by Gresham House Asset Management Ltd after Mobeus Equity Partners LLP agreed in September last year to sell the business to Gresham House.
Mobeus Income & Growth VCT's stock price: up 1.3% at 75.50 pence each on Monday
12-month change: up 5.6%
By Xindi Wei; [email protected]
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