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

ALN

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%

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