REG - Maven IncGwth VCT 3 - Issue of Equity

Maven Income and Growth VCT 3Announcement

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RNS Number : 3253Z  Maven Income and Growth VCT 3 PLC  02 April 2026

Maven Income and Growth VCT 3 PLC (the Company)

 

Issue of Equity

 

On 2 October 2025, the Company launched an offer for subscription for new
ordinary shares of 10p each (Ordinary Shares) to raise up to £7.5 million,
with an over-allotment facility for up to a further £5 million (the Offer).

 

Pursuant to the Offer, a total of £2,633,551 of valid applications were
received in the period from 9.00am on 19 March 2026 up to and including 9.00am
on 2 April 2026 in respect of the 2025/2026 tax year. As a result, the Company
has issued and allotted 5,489,670 new Ordinary Shares on 2 April 2026. In
accordance with the allotment formula set out in the prospectus for the Offer,
the offer prices at which the shares were issued were in the range of 46.58p
to 49.30p per Ordinary Share and, as a result, the number of Ordinary Shares
now in issue is 155,864,701. Therefore, the total number of voting rights in
the Company is 155,864,701 and this may be used by Shareholders as the
denominator for the calculations by which they will determine if they are
required to notify their interest, or a change to their interest, in the
Company under the FCA's Disclosure Guidance and Transparency Rules.

 

In respect of this allotment, an application will be made by the Company to
the London Stock Exchange for the new Ordinary Shares to be admitted to
trading on the London Stock Exchange's main market for listed securities. It
is expected that the admission of the new Ordinary Shares will become
effective, and dealings will commence, on or around 8 April 2026.

 

This is the fourth and final allotment in respect of the 2025/2026 tax year.
It is intended that an allotment in respect of applications for the 2026/2027
tax year will take place on 14 April 2026, with a final allotment taking place
before 30 April 2026. The Company's Offer has, to date, received applications
totalling £9,456,852 for both tax years.

 

 

 

For further information, please contact:

 

Maven Capital Partners UK LLP

Telephone: 0141 306 7400

E-mail: enquiries@mavencp.com

 

Maven Capital Partners UK LLP

Secretary

 

2 April 2026

 

 

 

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