REG - Mobeus Inc&Gwth - Realisation of investment in Rota Geek Limited

Mobeus Income & Growth VCTAnnouncement

09/06/2025 12:30

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RNS Number : 0377M  Mobeus Income & Growth VCT PLC  09 June 2025

Mobeus Income & Growth VCT plc

(the "Company")

LEI:  213800HKOSEVWS7YPH79

 

9 June 2025

 

Realisation of investment in Rota Geek Limited

The Company is pleased to announce the sale of its investment in Rota Geek
Limited. The Company has received £4.03 million in cash from the sale,
generating a realised gain over cost for the life of the investment of £1.44
million, being the equivalent of 0.43 pence per share.

In isolation, the impact of this sale on the Company's latest announced
unaudited NAV per share of 52.43 pence at 31 December 2024 (adjusted for a
dividend of 2.00 pence paid on 11 April 2025), would be an increase of 0.19
pence per share. The Company emphasises that the increase in NAV per share
from this realisation is in isolation from other changes in the Company's
balance sheet, including valuation and other transaction movements in the
Company's investment portfolio, that may also have affected the NAV per share
at 31 December 2024.

Cash proceeds have been received over the life of the investment of £4.14
million, against an original cost of £2.70 million. This represents a return
to date for the Company of 1.5 times the original investment cost and an IRR
of 9.1% in just under seven years that this investment was held.

The Company will be announcing its NAV per share at 31 March 2025 as part of
its Half Year Report in mid-June.

 

For further information, please contact:

Gresham House Asset Management Limited

Company Secretary

+44 (0)20 7382 0999

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