REG - Maven Inc&Grwth 5 - Unaudited NAV - Dividend Investment Scheme

Maven Income and Growth VCT 5Announcement

26/04/2024 14:45

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RNS Number : 2695M  Maven Income and Growth VCT 5 PLC  26 April 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 29 February
2024 was 32.62p and that a final dividend 1.10p per share in respect of the
year ended 30 November 2023 would be paid on 3 May 2024, to Shareholders on
the register at close of business on 22 March 2024. Furthermore, in respect of
Shareholders who had, by no later than 12 April 2024, 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 31.52p 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 2024

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