Mobeus I&G 2 VCT sees marginal increase

Mobeus Income & Growth 2 VCT reports a marginal increase in net asset value per share, after adjusting for dividends paid, while there was an increase of 2.9% on a share price basis, for the six months to the end of September.

Shareholders received a special interim dividend of 5.00 pence per share for the current year, which was paid on 8 August.

The net asset value per share increased marginally during the period from 119.61 pence per share at 31 March 2016 to 119.64 pence per share, after adjusting for a 5.00 pence dividend paid in August.

Chairman Nigel Melville said: "The result of the EU Referendum has triggered a period of UK economic uncertainty and volatility in financial markets. We are taking a measured approach to prospective investment opportunities and to valuations within the existing portfolio. This half-year has been a period of consolidation as the investment adviser develops and evaluates a pipeline of opportunities that comply with the company's new investment policy."

At 2:16pm: (LON:MIG) Mobeus Income Growth 2 VCT PLC share price was +0.25p at 103.5p