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

Maven Income and Growth VCT 5Announcement

17/07/2023 11:00

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RNS Number : 2379G  Maven Income and Growth VCT 5 PLC  17 July 2023

Maven Income and Growth VCT 5 PLC

 

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

 

The Board of Maven Income and Growth VCT 5 PLC (the Company) announced
previously that the unaudited NAV per share of the Company as at 31 May 2023
was 34.18p. The Board had also announced previously that an interim dividend
of 0.75p per share, in respect of the year ending 30 November 2023, would be
paid on 21 July 2023 to Shareholders on the register at close of business on
23 June 2023. Furthermore, in respect of Shareholders who had, by no later
than 7 July 2023, elected to participate in the DIS, the Company will use the
amount paid in respect of the above interim 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 interim dividend,
the effective NAV per share of the Company will be 33.43p 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 above interim 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

17 July 2023

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