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Mobeus Income & Growth VCT Sells My Tutorweb Stake, Boosts NAV

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Mobeus Income & Growth VCT Sells My Tutorweb Stake, Boosts NAV

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Mobeus Income & Growth VCT ( (GB:MIX) ) has issued an announcement.

Mobeus Income & Growth VCT PLC, a company focused on venture capital trust investments, announced the sale of its investment in My Tutorweb Limited, resulting in a cash inflow of £2.16 million. This transaction is expected to increase the company’s net asset value per share by 0.35 pence, although it is noted that other factors may also impact the overall NAV. The company plans to release its updated NAV per share in its Half Year Report in mid-June.

More about Mobeus Income & Growth VCT

Average Trading Volume: 64,417

Technical Sentiment Signal: Buy

Find detailed analytics on MIX stock on TipRanks’ Stock Analysis page.

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