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RNS Number : 9349X Maven Income & Growth VCT 4 PLC 24 March 2026
Maven Income and Growth VCT 4 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 £1,170,290 of valid applications were
received in the period from 9.00am on 12 February 2026 up to and including
9.00am on 19 March 2026 in respect of the 2025/2026 tax year. As a result, the
Company has issued and allotted 2,098,011 new Ordinary Shares on 24 March
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 54.28p to 55.73p per Ordinary Share and, as a result, the number of
Ordinary Shares now in issue is 165,288,171. Therefore, the total number of
voting rights in the Company is 165,288,171 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 25 March 2026.
This is the third allotment in respect of the 2025/2026 tax year and the Board
of the Company intends that a further allotment in respect of applications for
the 2025/2026 tax year will take place on 2 April 2026. It is also intended
that an allotment in respect of applications for the 2026/2027 tax year will
take place on, or before, 30 April 2026. The Company's Offer has, to date,
received applications totalling £7,574,361 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
24 March 2026
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