Mobeus Income & Growth VCT plc
Welcome to the webpage of Mobeus Income & Growth VCT plc (formerly Matrix Income & Growth VCT plc). The Company was launched in the 2004/2005 tax year and raised £20.9 million, net of issue costs. It merged with Matrix Income & Growth 3 VCT plc on 20 May 2010.
As part of the 2024 merger a Dividend Investment Scheme was approved for Mobeus Income & Growth VCT plc. The Company are now offering a Dividend Investment Scheme (DIS) as of 1 August 2024. The scheme rules and mandate form can be accessed here.
The share certificates from the allotment on 1 October 2024 under the 2024/25 fundraise, were posted on Tuesday 7 October. If shareholders have not received their new certificate(s) by 21 October, they should contact City Partnership on: 01484 240 910.
The Offers for subscription by MIG and I&G were conditional upon the Merger being approved. With approval received, the Offers opened for applications at 9.00am on Monday, 2 September 2024. The Offer is now fully subscribed, and no further applications will be accepted. The allotment date is scheduled for 28 October and share certificates will be sent out within 10 working days.
VCT Fundraising - Fully subscribed
Key facts
Date Launched
July 2004
Company Number
5153931
Investment Adviser
Gresham House Asset Management Limited
Auditor
BDO LLP
Registered Office
5 New Street Square, London EC4A 3TW
Directors
Clive Boothman
Lucy Armstrong
Ian Blackburn
Sarah Clark
Registrar
The City Partnership (UK) Limited
LSE Code
MIX
Fund Performance
| Latest published valuation |
Net assets (£m) |
Net asset value (pence per share) |
Total dividends paid (pence per share) |
NAV cumulative total return (pence per share) |
|---|---|---|---|---|
| 26 Jul 2024 | 148.6 | 56.1 | 170.3 | 226.4 |
Reviewing the performance of your investment:
Use the attached table to see how your investment has performed (including the dividends you have received) from the date on which your shares were allotted.
since launch
of current financial year
Dividends paid per share in respect of financial year
Dividend paid per share
Dividends paid per share in financial year
Dividend paid per share
| Payment Date | In respect of y/e | Type | Dividends paid per share (p) |
|---|---|---|---|
| 31 May 2024 | 31/12/2024 | Interim | 4.0 |
| 08 Nov 2023 | 31/12/2023 | Interim | 4.5 |
| 26 May 2023 | 31/12/2023 | Interim | 5.0 |
| 07 Nov 2022 | 31/12/2022 | Interim | 4.0 |
| 15 Jul 2022 | 31/12/2022 | Interim | 4.0 |
| 07 Jan 2022 | 31/12/2021 | Interim | 4.0 |
| 12 Jul 2021 | 31/12/2021 | Interim | 5.0 |
| 17 Dec 2020 | 31/12/2020 | Interim | 5.0 |
| 07 May 2020 | 31/12/2020 | Interim | 6.0 |
| 08 Jan 2020 | 31/12/2019 | Interim | 4.0 |
| 06 Dec 2019 | 31/12/2019 | Interim | 2.0 |
| 20 Sep 2019 | 31/12/2019 | Interim | 4.0 |
| 17 May 2019 | 31/12/2018 | Final | 5.0 |
| 21 Sep 2018 | 31/12/2018 | Interim | 2.0 |
| 17 May 2018 | 31/12/2017 | Final | 3.0 |
| 08 Dec 2017 | 31/12/2017 | Interim | 4.0 |
| 13 Sep 2017 | 31/12/2017 | Interim | 9.0 |
| 31 Mar 2017 | 31/12/2016 | Interim | 6.0 |
| 20 Sep 2016 | 31/12/2016 | Interim | 8.5 |
| 31 May 2016 | 31/12/2015 | Final | 7.0 |
| 17 Sep 2015 | 31/12/2015 | Interim | 3.0 |
| 30 Apr 2015 | 31/12/2014 | Special | 7.0 |
| 17 Sep 2014 | 31/12/2014 | Interim | 17.0 |
| 14 May 2014 | 31/12/2013 | Final | 3.3 |
| 18 Sep 2013 | 31/12/2013 | Interim | 4.0 |
| 15 May 2013 | 31/12/2012 | Final | 2.0 |
| 20 Sep 2012 | 31/12/2012 | Interim | 5.0 |
| 22 May 2012 | 31/12/2011 | Final | 6.3 |
| 15 Sep 2011 | 31/12/2011 | Interim | 0.5 |
| 27 May 2011 | 31/12/2010 | Final | 5.0 |
| 21 Apr 2010 | 31/12/2009 | Interim | 5.0 |
| 15 May 2009 | 31/12/2008 | Final | 1.0 |
| 11 Sep 2008 | 31/12/2008 | Interim | 3.3 |
| 21 May 2008 | 31/12/2007 | Final | 7.8 |
| 20 Sep 2007 | 31/12/2007 | Interim | 1.0 |
| 18 May 2007 | 31/12/2006 | Final | 1.4 |
| 14 Sep 2006 | 31/12/2006 | Interim | 0.8 |
| 16 May 2006 | 31/12/2005 | Final | 0.7 |
| 27 Sep 2005 | 31/12/2005 | Interim | 0.3 |
| Total dividends paid since launch | 170.3 | ||
As part of the merger a Dividend Investment Scheme was approved for Mobeus Income and Growth (MIG)
Unclaimed dividends
Shareholders are encouraged to ensure that the Registrars maintain up-to-date details for them and to check whether they have received all the dividends payable to them. This is particularly important for those who have recently moved house or changed their bank. We are aware that a number of dividends remain unclaimed by shareholders and whilst we will endeavour to contact the shareholders concerned, if this is the case, we cannot guarantee that we will be able to do so if the Registrars do not have an up-to-date telephone number and/or email address.
Dividend Investment Scheme
The Scheme provides shareholders with the opportunity to reinvest their cash dividends into new shares in the VCT at the latest published NAV price. New VCT shares attract the same tax reliefs as shares purchased through an Offer for Subscription.
Key information:
-
All previously registered participants of the Scheme were automatically re-enrolled, and their future dividends will be re-invested unless they decide to opt-out.
-
The Scheme re-invests dividends at the latest published NAV price.
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Shareholders can opt-in by completing a mandate form and posting it to The City Partnership (UK) Limited, The Mending Rooms, Park Valley Mills, Meltham Road, Huddersfield HD4 7BH
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Shareholders can opt-out by emailing a completed and signed removal form to registrars@city.uk.com from their registered email address, or by contacting City using the details provided below.
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Alternatively, shareholders can use the online portal to opt-in and opt-out of the Scheme via CityHub. You will need your Investor Code in the Change of Registrar letter sent to you by the Company.
Shareholder Queries:
The Scheme Administrator is The City Partnership (UK) Limited, and they handle all queries relating to the Scheme, including amendments to participation. Their details are as follows:
Email: registrars@city.uk.com
Post: The City Partnership (UK) Limited, The Mending Rooms, Park Valley Mills, Meltham Road, Huddersfield HD4 7BH
Tel: 01484 240 910.
(Lines are open 9:00 am to 17:30 pm, Monday to Friday, excluding public holidays in England and Wales. Calls are charged at the standard geographic rate and will vary by provider. Calls from outside the UK will be charged at the applicable international rate.)
Rules and Documents:
The Scheme Rules for the Scheme and a mandate form can be downloaded via the links below:
as at 26 Jul 2024*
per share since launch*
* adjusted for dividends paid since this date
Latest
| Period End | Net asset (£m) |
Net asset value per share (pence per share) |
Cumulative dividends paid per share (pence per share) |
Net asset value cumulative total return (pence per share) |
|---|---|---|---|---|
| 26 Jul 2024 | 148.6 | 56.1 | 170.3 | 226.4 |
Note: All figures are adjusted from when a dividend has become ex-div in the period after which a NAV has been announced.
NAV Cumulative Total Return
The following chart shows the net asset value cumulative total return at the end of the financial year (net asset value plus cumulative dividends paid since inception) expressed as pence per share.
Net asset value plus cumulative dividends paid per share (p)
* - 'Launch' is based upon an issue price at launch of 94.5 pence (being 100 pence less 4.5 pence issue costs).
| Year End | Annual NAV cumulative total return% |
|---|---|
| 31 December 2023 | 6.1% |
| 31 December 2022 | 15.8% |
| 31 December 2021 | 42.2% |
| 31 December 2020 | 19.3% |
| 31 December 2019 | 13.6% |
| 31 December 2018 | 4.9% |
