REG - Maven Inc&Grwth 5 - Net Asset Value - Dividend Investment Scheme

Maven Income and Growth VCT 5Announcement

26/04/2023 11:45

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RNS Number : 5562X  Maven Income and Growth VCT 5 PLC  26 April 2023

Maven Income and Growth VCT 5 PLC

 

Net Asset Value (NAV) - Dividend Investment Scheme (DIS)

 

The Board of Maven Income and Growth VCT 5 PLC (the Company) has announced
previously that the NAV per share of the Company as at 28 February 2023 was
35.45p and that a final dividend of 0.50p per share in respect of the year
ended 30 November 2022 would be paid on 5 May 2023, to Shareholders on the
register at close of business on 31 March 2023. Furthermore, in respect of
Shareholders who had, by no later than 19 April 2023, elected to participate
in the DIS, the Company will use the amount paid in respect of the above final
dividend to subscribe for new ordinary shares of 10p each in the Company
(Ordinary Shares) to be issued at a price equivalent to the latest announced
NAV per share.

 

The Board confirms that, following the payment of the above dividend, the
effective NAV per share of the Company is 34.95p and that this will be the
price used in the calculation of the number of Ordinary Shares to be allotted
under the DIS in respect of the final dividend, the issue of which will be
confirmed in a separate announcement in due course.

 

Issued on behalf of the Board

 

Maven Capital Partners UK LLP

Secretary

 

26 April 2023

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