News Column

Mobeus Income & Growth VCT First-Half NAV Rises

August 13, 2014

Rowena Harris-Doughty

LONDON (Alliance News) - Mobeus Income & Growth VCT PLC Wednesday said its net asset value total return per share rose 12.4% over the six months to June 30.

The venture capital trust said its NAV per share as at June 30 was 111.55 pence, compared with 102.18 pence as at December 31, 2013.

"The challenge for the company will be to maintain this performance over the longer term and also to sustain current investment levels. At present, favourable market conditions are assisting your company in meeting this challenge," the trust said.

Shares in the company closed 0.5% higher Wednesday, at 95.50 pence.

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Source: Alliance News

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