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Gresham House Income & Growth 2 VCT clears all AGM resolutions amid market volatility

Story Highlights
  • Shareholders approved all AGM resolutions, including board re-elections, auditor reappointment and new articles, reinforcing governance.
  • The board highlighted rising volatility in software and SaaS markets affecting its portfolio and is closely monitoring valuation impacts.
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Mobeus Income & Growth VCT ( (GB:GHV2) ) has issued an update.

Shareholders in Gresham House Income & Growth 2 VCT plc have approved all resolutions at the 2 March 2026 annual general meeting, including the adoption of the latest annual report and accounts, the directors’ remuneration report and policy, and the re-election of all serving board members. Investors also backed the reappointment of Johnston Carmichael as auditor, authorities to allot shares and disapply pre-emption rights, permission for market purchases of the company’s own shares, and the adoption of new articles of association, reinforcing the board’s governance framework.

The board said it is satisfied with the ongoing performance and commitment of all directors and pledged to maintain high governance standards and transparent engagement with shareholders, with a further update due within six months. It also flagged increased volatility in public equity markets, particularly affecting software and SaaS businesses that are relevant to the trust’s portfolio, and confirmed that the board and investment adviser are closely monitoring market conditions and potential impacts on portfolio valuations.

More about Mobeus Income & Growth VCT

Gresham House Income & Growth 2 VCT plc is a UK-listed venture capital trust focused on providing investors with exposure to a portfolio that includes growth companies, notably in sectors such as software and SaaS. It aims to deliver income and capital growth within the framework of UK VCT regulations, supported by Gresham House Asset Management as its investment adviser and company secretary.

Average Trading Volume: 72,589

Technical Sentiment Signal: Strong Buy

For a thorough assessment of GHV2 stock, go to TipRanks’ Stock Analysis page.

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