REG - MavIncGroVCT4 - Issue of Equity

Maven Income and Growth VCT 4Announcement

06/05/2025 12:00

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RNS Number : 5205H  Maven Income & Growth VCT 4 PLC  06 May 2025

Maven Income and Growth VCT 4 PLC (the Company)

 

Issue of Equity

 

On 27 September 2024, the Company launched an offer for subscription for new
ordinary shares of 10p each (Ordinary Shares) to raise up to £5 million, with
an over-allotment facility for up to a further £5 million (the Offer).

 

Pursuant to the Offer, in resect of the 2025/26 tax year, £600,425 of valid
applications were received in the period from 27 September 2024 up to the
close of the Offer on 1 April 2025. This is the first and final allotment in
respect of the 2025/2026 tax year and, as a result, the Company has issued and
allotted 1,017,992 new Ordinary Shares on 6 May 2025. 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 58.30p to 59.24p per
Ordinary Share and, as a result, the number of Ordinary Shares now in issue is
156,000,944. Therefore, the total number of voting rights in the Company is
156,000,944.

 

The total funds raised by the Company for the 2024/2025 and the 2025/2026 tax
years was £10,000,000.

 

In respect of this allotment, an application will be made by the Company to
the FCA and to the London Stock Exchange for the new Ordinary Shares to be
admitted to the Official List and 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 May 2025.

 

The above statement of Voting Capital 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.

 

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

 

6 May 2025

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