MOBEUS INCOME & GROWTH 2 VCT PLC

LEI:  213800LY62XLI1B4VX35

INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2023

Mobeus Income & Growth 2 VCT plc ("the Company") is pleased to announce its interim results for the six months ended 30 September 2023.

As at 30 September 2023:

Net assets: £72.52 million

Net asset value ("NAV") per share: 74.26 pence

Financial Highlights

Results for the six months ended 30 September 2023

·    Net asset value ("NAV") total return¹ per share increased by 3.8%. 

·    Share price total return¹ per share increased by 1.5%.

·    The Company made three new investments totalling £1.03 million and two follow-on investments totalling £0.41 million.

·    The portfolio value increased by £2.72 million due to net unrealised gains.

·    An interim dividend of 6.00 pence per share declared for the year ending 31 March 2024 was paid on 8 November 2023.

^{1  Definitions of key terms and alternative performance measures ("APMs") / Key Performance Indicators ("KIPs") shown above and throughout this Report are shown in the Glossary of terms within the Company's Interim Report.}

The interim report can be downloaded from the following website: www.mig2vct.co.uk

A copy of the above document has been submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

For further information, please contact:

Gresham House Asset Management Limited

Company Secretary

mobeusvcts@greshamhouse.com

+44 20 7382 0999