Gresham House Income & Growth 2 VCT Reports Q2 Financials and Strategic Changes
Gresham House Income & Growth 2 VCT (formerly Mobeus Income & Growth VCT) reported a Q2 decrease in net asset value per share by 1.08 pence, attributed to a dividend payment, but a total return increase of 0.92 pence. The company made new investments in Penfold Technology and Nu Quantum, while realizing investments in SEC Group, MyTutorweb, and Rotageek. A second interim dividend and changes to share premium and capital redemption reserves are expected to enhance distributable reserves for shareholders. Average trading volume stands at 46,656 with a strong buy sentiment.
Mobeus Income & Growth VCT ( (GB:GHV2) ) has provided an announcement.
Gresham House Income & Growth 2 VCT reported a decrease in net asset value per share by 1.08 pence for the quarter ending June 30, 2025, primarily due to a dividend payment. However, the NAV per share increased by 0.92 pence on a total return basis. The company made several new investments, including in Penfold Technology Limited and Nu Quantum Limited, and realized investments in SEC Group, MyTutorweb, and Rotageek. The company also changed its name and TIDM on the London Stock Exchange, reflecting its new identity. The announcement of a second interim dividend and the cancellation of share premium and capital redemption reserves are expected to enhance distributable reserves, potentially benefiting shareholders.
More about Mobeus Income & Growth VCT
Gresham House Income & Growth 2 VCT, formerly known as Mobeus Income & Growth VCT, operates in the financial sector, focusing on venture capital trust investments. The company invests in a diverse range of sectors including technology, digital advertising, and social enterprises, aiming to provide growth and income for its shareholders.
Average Trading Volume: 46,656
Technical Sentiment Signal: Strong Buy
For a thorough assessment of GHV2 stock, go to TipRanks’ Stock Analysis page.
