REG - Maven Inc&Grwth 5 - Statement re Dividend Investment Scheme

Maven Income and Growth VCT 5Announcement

05/09/2024 14:30

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RNS Number : 1172D  Maven Income and Growth VCT 5 PLC  05 September 2024

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) has announced
previously that the unaudited NAV per share of the Company as at 31 August
2024 was 33.87p and that an interim dividend 1.00p per share in respect of the
year ended 30 November 2024 would be paid on 6 September 2024, to Shareholders
on the register at close of business on 9 August 2024. Furthermore, in respect
of Shareholders who had, by no later than 23 August 2024, 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 dividend, the
effective NAV per share of the Company is 32.87p 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 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

 

5 September 2024

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