7th May 2009 13:11
Matrix Income & Growth VCT plc (the Company) INTERIM MANAGEMENT STATEMENT For the quarter ended 31 March 2009
In accordance with Rule 4.3 of the Disclosure and Transparency Rules of the UK Listing Authority, Matrix Income & Growth VCT plc presents an Interim Management Statement for the quarter ended 31 March 2009. The statement also includes relevant financial information between the end of the period and the date of this statement.
NET ASSET VALUE AND TOTAL RETURN PER SHARE
At 31 March 2009 At 31 December 2008 Net assets attributable to 17,880,438 17,998,562shareholders Shares in issue 20,798,925 20,798,925 Net asset value per share 85.97p 86.54p
Cumulative dividends paid per share 15.30p * 15.30p Total return per share since 101.27p 101.84pinception % return on opening net asset value 7.16% 7.76%of 94.5 pence per share on 8 October 2004
* A final income dividend of 1 penny per share in respect of the year ended 31 December 2008 was approved by Shareholders at the Annual General Meeting of the Company held on Wednesday, 6 May 2009. The dividend will be paid to Shareholders on 15 May 2009 bringing cumulative dividends paid to 16.30 pence per share
NEW INVESTMENTS
In January, the Company invested a further £68,433 into Monsal Holdings Limited.
DIVESTMENTS
No divestments have been made in the quarter.
SHARE BUY-BACKS
The Company did not buy-back any of its own ordinary shares during the quarter ended 31 March 2009.
After the quarter end, on 9 April 2009, the Company bought back 99,034 Ordinary Shares at a price of 60.5 pence per share.
For further information, please contact:
Sarah Penfold, for Matrix-Securities Limited, Company Secretary: 020 3206 7000.
MATRIX INCOME & GROWTH VCT PLCRelated Shares:
Mobeus I&g