Mobeus Income & Growth 2 VCT Plc

Equities

MIG

GB00B0LKLZ05

Investment Management & Fund Operators

Market Closed - London S.E. Other stock markets 11:35:01 2024-04-26 am EDT			5-day change	1st Jan Change
59 ^GBX	0.00%		0.00%	-9.23%

Feb. 28	Mobeus Income & Growth VCTs and Income & Growth VCT discuss mergers	AN
Feb. 28	Mobeus Income & Growth VCT, Mobeus Income & Growth 2 VCT, Mobeus Income & Growth 4 VCT and the Income & Growth VCT Enter into Merger Discussions	CI

Mobeus Income & Growth 2 VCT net asset value declines 26%

July 13, 2023 at 11:32 am EDT

Mobeus Income & Growth 2 VCT PLC - venture capital trust - Reports net asset value fell 26% to 71.54 pence in the year to March 31 from 96.37p the year prior. NAV return per share declined 12.3% including the 13p of dividends paid in the year compared to a positive return of 13.3% in the previous year. Currently, the company does not anticipate a fundraise in 2023. Remains confident that it will be able to continue paying an attractive dividend.

Current stock price: 69.50 pence

12-month change: down 24%

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Latest news about Mobeus Income & Growth 2 VCT Plc

Mobeus Income & Growth VCTs and Income & Growth VCT discuss mergers	Feb. 28	AN
Mobeus Income & Growth VCT, Mobeus Income & Growth 2 VCT, Mobeus Income & Growth 4 VCT and the Income & Growth VCT Enter into Merger Discussions	Feb. 28	CI
EARNINGS AND TRADING: UIL has good interim, chair to retire next month	Feb. 21	AN
Mobeus Income & Growth 2 Vct plc Announces Second Interim Dividend, Payable on 22 March 2024	Feb. 20	CI
EARNINGS AND TRADING: Lendinvest completes securitisation	Nov. 30	AN
Mobeus Income & Growth 2 VCT Plc (LSE : MIG) commences an Equity Buyback Plan for 14,755,712 shares, representing 14.99% of its issued share capital, under the authorization approved on September 13, 2023.	23-09-26	CI
Mobeus Income & Growth 2 VCT Plc Declares Interim Dividend for the Year Ending 31 March 2024, Payable on 8 November 2023	23-09-13	CI
Mobeus Income & Growth 2 VCT Plc?s Equity Buyback announced on September 23, 2022, has expired.	23-09-13	CI
Mobeus Income & Growth 2 VCT net asset value declines 26%	23-07-13	AN
Mobeus Income & Growth VCTs realise gain from Tharstern investment	23-03-27	AN
Mobeus Income & Growth 2 Vct plc Declares Second Interim Dividend in Respect of the Year Ending 31 March 2023, Payable on 30 March 2023	23-02-22	CI
Mobeus Income & Growth 2 VCT Plc Appoints Sarah Clark as Non-Executive Director, Chair of the Investment Committee, A Member of the Audit Committee, Nomination and Remuneration Committee and Management Engagement Committee	22-11-04	CI
Mobeus Income & Growth 2 Vct plc Announces Executive Change	22-09-23	CI
Mobeus Income & Growth 2 VCT Plc (LSE : MIG) commences an Equity Buyback Plan for 12,055,905 shares, representing 14.99% of its issued share capital, under the authorization approved on September 21, 2022.	22-09-23	CI
Mobeus Income & Growth 2 VCT Plc Declares Interim Dividend for the Year Ending 31 March 2023, Payable on 7 November 2022	22-09-21	CI
Mobeus Income & Growth 2 VCT Plc's Equity Buyback announced on September 27, 2021 has expired.	22-09-21	CI
Mobeus Income & Growth 2 VCT Plc Reports Earnings Results for the Full Year Ended March 31, 2022	22-06-29	CI
Tranche Update on Mobeus Income & Growth 2 VCT Plc's Equity Buyback Plan announced on September 27, 2021.	22-06-29	CI
Mobeus Income & Growth 2 VCT Sells Stake In Media Business Insight	22-06-13	MT
Mobeus Income & Growth 2 VCT plc Declares an Interim Dividend of 12.00 Pence Per Ordinary Share, in Respect of the Year Ending March 31, 2022, Payable on January 7, 2022	21-12-02	CI
Mobeus Income & Growth 2 VCT Plc Reports Earnings Results for the Half Year Ended September 30, 2021	21-12-02	CI
Tranche Update on Mobeus Income & Growth 2 VCT Plc's Equity Buyback announced on September 28, 2020.	21-12-02	CI
Mobeus Income & Growth VCT Plc, Mobeus Income & Growth 2 VCT Plc, Mobeus Income & Growth 4 VCT plc, The Income & Growth VCT plc Announces Change of Registered Office	21-10-01	CI
Mobeus Income & Growth 2 VCT Plc (LSE : MIG) commences an Equity Buyback Plan for 10,977,218 shares, representing 14.99% of its issued share capital, under the authorization approved on September 8, 2021.	21-09-27	CI
Mobeus Income & Growth 2 VCT : Earnings Flash (MIG.L) MOBEUS INCOME & GROWTH 2 VCT Reports FY21 EPS GBX34.75	21-07-01	MT

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Company Profile

Mobeus Income & Growth 2 VCT plc is a venture capital trust (VCT). The Company's objective is to provide investors with a regular income stream, arising both from the income generated by companies selected for the portfolio and from realizing any growth in capital, while continuing at all times to qualify as a VCT. The Company invests primarily in a diverse portfolio of the United Kingdom unquoted companies. Its investments are usually structured as part loan stock and part equity in order to produce a regular income stream and to generate capital gains from realizations. The Company invests across a range of sectors, which includes software and computer services; leisure goods; construction and materials; general industrials; technology, hardware and equipment; food producers; consumer services; travel and leisure; industrial support services, software and computer services, and media. Gresham House Asset Management Limited is the investment advisor of the Company.

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Sector Venture Capital

	1st Jan change	Capi.
MOBEUS INCOME & GROWTH 2 VCT PLC	-9.23%	71.06M
UMBRA COMPANIES INC.	+31.41%	12.02B
HERCULES CAPITAL, INC.	+14.40%	3.06B
HBM HEALTHCARE INVESTMENTS AG	+2.96%	1.42B
OCTOPUS TITAN VCT PLC	-8.46%	1.22B
CION INVESTMENT CORPORATION	+1.15%	616M
VERUSA HOLDING	+35.79%	577M
OCTOPUS APOLLO VCT PLC	-4.17%	492M
WOORI TECHNOLOGY INVESTMENT CO., LTD	+33.85%	488M
BRITISH SMALLER COMPANIES VCT PLC	+3.90%	304M

Venture Capital