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MPB (Mobeus and ProVen VCTs)

Sophisticated and complex high-risk tax-sensitive investments in small companies: handle with care
sinterklaas
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MPB (Mobeus and ProVen VCTs)

#401970

Postby sinterklaas » April 6th, 2021, 10:12 am

Big funding round announced for MPB = another partial exit for Mobeus

MPB is 'eBay for high end camera gear' and is one of the more mature investments in both the Mobeus and ProVen VCTs

Mobeus has top sliced, like it did for Parsley Box. It says they got 7.8x on this sale represending 25% of its holding. That returns 91% of the cost.

ProVens – not sure, have yet to announce.

By the way, ProVen VCTs holding Whistle Sports was also acquired recently. No announcement on that yet either. Maybe they are saving it all for their statutory reports. . .or maybe nothing has budged the NAV. . .or maybe they didn't exit at all.

londoninvestor
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Re: MPB (Mobeus and ProVen VCTs)

#401976

Postby londoninvestor » April 6th, 2021, 10:35 am

sinterklaas wrote:By the way, ProVen VCTs holding Whistle Sports was also acquired recently. No announcement on that yet either. Maybe they are saving it all for their statutory reports. . .or maybe nothing has budged the NAV. . .or maybe they didn't exit at all.


Interesting, thanks – PVN's 18th March RNS did show a pleasant bump in NAV, and moved the shares up 4p or so, but as far as I can see, they haven't expounded on where the NAV increase came from. Let's see what they say and when!


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