The Income & Growth VCT plc
Welcome to the webpage of The Income & Growth VCT plc. The Company was launched in the 2000/2001 tax year and raised £39.5 million, net of issue costs.
The VCT has been solely managed by Mobeus Equity Partners since 1 April 2008.
The former 'O' and 'S' classes of the Company were merged on 29 March 2010. Former 'O' Fund Shareholders should refer to the most recent Half-yearly or Annual Reports on this website, to obtain performance data for their particular investment.
Key facts
Date Launched
October 2000
Company Number
4069483
Investment Adviser
Mobeus Equity Partners LLP
Auditor
BDO LLP
Registered Office
30 Haymarket, London SW1Y 4EX
Directors
Jonathan Cartwright
Helen Sinclair
Justin Ward
Registrar
Links Asset Services
LSE Code
IGV
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) |
|---|---|---|---|---|
| 31 Dec 2019 | 78.7 | 76.5 | 117.5 | 194.0 |
Please click on the options below to access further information on your fund's performance:
NOTE: All figures are adjusted from when a dividend has become ex-div in the period after which a NAV has been announced.
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) |
|---|---|---|---|
| 18 Oct 2019 | 30/09/2019 | Interim | 4.5 |
| 12 Jul 2019 | 30/09/2019 | Interim | 1.5 |
| 15 Feb 2019 | 30/09/2018 | Final | 3.5 |
| 21 Jun 2018 | 30/09/2018 | Interim | 2.5 |
| 15 Feb 2018 | 30/09/2017 | Final | 3.0 |
| 31 Aug 2017 | 30/09/2017 | Special | 15.0 |
| 20 Jun 2017 | 30/09/2017 | Interim | 3.0 |
| 15 Feb 2017 | 30/09/2016 | Final | 4.0 |
| 07 Jul 2016 | 30/09/2016 | Interim | 6.0 |
| 15 Feb 2016 | 30/09/2015 | Final | 6.0 |
| 30 Jun 2015 | 30/09/2015 | Interim | 6.0 |
| 20 Mar 2015 | 30/09/2014 | Final | 4.0 |
| 30 Oct 2014 | 30/09/2014 | Interim | 8.0 |
| 03 Jul 2014 | 30/09/2014 | Interim | 6.0 |
| 12 Mar 2014 | 30/09/2013 | Final | 4.0 |
| 27 Jun 2013 | 30/09/2013 | Interim | 6.0 |
| 08 Feb 2013 | 30/09/2012 | Interim | 6.0 |
| 15 Feb 2012 | 30/09/2011 | Final | 4.0 |
| 27 Jan 2012 | 30/09/2012 | Interim | 20.0 |
| 28 Mar 2011 | 30/09/2010 | Final | 2.0 |
| 22 Feb 2011 | 30/09/2010 | Interim | 2.0 |
| 17 Mar 2010 | 30/09/2009 | Final | 0.5 |
| Total dividends paid since launch | 117.5 | ||
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:
- The Company recommenced the Scheme on 12 February 2020.
- 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.
- Shareholders can opt-in by completing a mandate form and posting it to Link Asset Services, The Registry, 34 Beckenham Road, Beckenham, Kent BR3 4TU
- Shareholders can opt-out by emailing vcts@linkgroup.co.uk from their registered email address, or by contacting Link Asset Services using the details provided below.
Shareholder Queries:
The Scheme Administrator is Link Asset Services, and they handle all queries relating to the Scheme, including amendments to participation. Their details are as follows:
Email: vcts@linkgroup.co.uk
Post: Link Asset Services, The Registry, 34 Beckenham Road, Beckenham, Kent BR3 4TU
Telephone: 0371 664 0324. (Calls are charged at the standard geographic rate and will vary by provider. Calls from outside the United Kingdom are charged at the applicable international rate.
Lines are open 9.00 am – 5.30 pm Mon – Fri, excluding public holidays in England and Wales.)
Rules and Documents:
The Scheme Rules for the Scheme and a mandate form can be downloaded via the links below:
as at 31 Dec 2019*
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) |
|---|---|---|---|---|
| 31 Dec 2019 | 78.7 | 76.5 | 117.5 | 194.0 |
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)
* - Since launch of the current share class which was created in 2008/09 at an issue price of 94.5 pence (being 100 pence less 4.5 pence issue costs).
| Year End | Annual NAV cumulative total return% |
|---|---|
| 30 September 2019 | 7.4% |
| 30 September 2018 | 3.2% |
| 30 September 2017 | 4.8% |
| 30 September 2016 | 3.9% |
| 30 September 2015 | 8.5% |
| 30 September 2014 | 9.4% |
