12th Feb 2015 10:53
LONDON (Alliance News) - Mobeus Income & Growth 2 VCT PLC Wednesday net asset value per share fell over the three months to end-December, as it paid a dividend of 14 pence per share to shareholders.
The dividend of 14 pence per share was paid following the partial sale of the company's investment in ATG Media and the full sale of the company's investments in MachineWorks, Monsal and DiGiCo. Total gains over the cost of those investments were GBP5.4 million.
The venture capital trust reported a NAV per share of 120.52 pence as at end-December, compared with 130.51 pence at the end of September.
The company also declared a second interim dividend of 5 pence per share, which will be paid on March 20. The second interim dividend means that the VCT's total dividends paid per share will amount to 42.00 pence by the end of the financial year.
Back in December, Mobeus Income & Growth VCT PLC launched a subscription to raise a total of GBP39 million, giving investors the opportunity to select in which of the related companies they wish to invest, including Mobeus Income & Growth 2 VCT and Mobeus Income & Growth 4 VCT PLC.
The company said Wednesday that so far it has received applications totalling GBP29.7 million under its four subscription offers to date, GBP6.8 million of which has been received for Mobeus Income & Growth 2 VCT.
The offer will remain open until April 2, unless it it fully subscribed before that, the company said.
Mobeus Income & Growth 2 VCT shares were untraded Thursday morning at 107.00 pence.
By Rowena Harris-Doughty; [email protected]; @rharrisdoughty
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