Mobeus Income & Growth 4 VCT plc is proposing a final dividend in respect of the year ended 31 December 2018 of 4.00 pence per share. The dividend, comprising 2.25 pence from capital and 1.75 pence from income, will be proposed to shareholders at the Annual General Meeting of the Company to be held on 10 May 2019, to shareholders on the register on 26 April 2019, for payment on 28 May 2019. If approved by shareholders, this forthcoming final dividend will bring dividends paid in respect of the year ended 31 December 2018 to 8.00 pence per share, and the Company will have paid cumulative dividends since inception of 109.20 pence per share.
The company announced that Andrew Robson, who has served as a Director of the Company since August 2010, has decided not to stand for re-election at the forthcoming annual general meeting and will accordingly retire at the conclusion of that meeting. The Nomination and Remuneration Committee expects to recommend the appointment of a director to succeed Andrew upon his retirement and to assume the role of chairman of the Audit Committee and the Nomination and Remuneration Committee, which Andrew presently chairs.