MIG4 Mobeus Income & Growth 4 Vct Plc

 
TIDMMIG4 
 
Matrix Income & Growth 4 VCT plc (the Company) 
 
                         INTERIM MANAGEMENT STATEMENT 
 
                      For the quarter ended 30 April 2011 
 
In accordance with Rule 4.3 of the Disclosure and Transparency Rules of the UK 
Listing Authority, Matrix Income & Growth 4 VCT plc presents an Interim 
Management Statement for the quarter ended 30 April 2011. The statement also 
includes relevant financial information between the end of the period and the 
date of this statement. 
 
NET ASSET VALUE AND TOTAL RETURN PER SHARE 
 
                                                30 April 2011 31 January 2011 
 
Net assets attributable to shareholders           GBP28,949,815     GBP25,345,179 
 
Shares in issue                                    24,977,712      22,455,802 
 
Net asset value per Ordinary Share                    115.90p         112.87p 
 
Cumulative dividends paid per Ordinary Share           18.70p          18.70p 
 
Total return per share (net asset value basis)        134.60p         131.57p 
since inception 
 
ANNUAL GENERAL MEETING & DIVIDENDS 
 
All resolutions were duly passed at the Company's Annual General Meeting on 20 
June 2011. 
 
Shareholders approved a final dividend of 3 pence per share payable on 24 June 
2011 to Shareholders on the register on 3 June 2011. This will bring cumulative 
dividends paid to 21.7 pence per share. 
 
Shareholders approved the introduction of a dividend investment scheme which 
will be applicable for the forthcoming final dividend and future dividend 
payments. 
 
NEW INVESTMENTS 
 
During the quarter the Company completed a follow-on investment in ASL 
Technology Holdings Limited of GBP409,000. After the quarter end the Company 
completed a follow-on investment in Fullfield Limited of GBP280,879 and committed 
to invest a further GBP158,000 in Monsal Holdings Limited of which GBP42,000 had 
been invested. 
 
DIVESTMENTS 
 
The Company received loan repayments and associated premia from several of its 
investee companies being, IGLU.com Holidays Limited (GBP876,207), Machineworks 
Software Limited (GBP116,588) and Vectair Holdings Limited (GBP90,322). 
Machineworks Software Limited is one of two companies the Company now has an 
investment in, arising from the demerger of VSI Limited. The other is 
Lightworks Software Limited. As a result of the loan repayment by Machineworks, 
the Company retains an equity investment in both companies. 
 
LINKED OFFER 
 
During the quarter the Linked Offer launched in November 2010 with two other 
Matrix advised VCTs, has raised a further GBP2.91 million of net funds. 2,521,910 
Ordinary Shares were allotted at a price of 121.8 pence per share in the 
quarter. On 10 May 2011 a further 302,300 Ordinary Shares were allotted at 
119.5 pence per share. 
 
The Board expects that one further allotment under this Offer will occur in 
early July. The underlying NAV per share to be used will therefore be 112.90p 
(115.90p as above less the 3p dividend to be paid on 24 June 2011) giving an 
offer price of 119.50p per share. 
 
SHARE BUY-BACKS 
 
The Company bought back 139,952 of its own Ordinary Shares at a price of 101.5 
pence per share on 19 May 2011. 
 
For further information, please contact: 
 
Robert Brittain, for Matrix-Securities Limited, Company Secretary: 020 3206 7000 
 
 
 
END 
 

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