REG - Maven Inc &Grwth VCT - Issue of Equity

Maven Income and Growth VCTAnnouncement

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RNS Number : 9339X  Maven Income & Growth VCT PLC  24 March 2026

Maven Income and Growth VCT 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 £4,292,046 of valid applications were
received in the period from 9.00am on 12 January 2026 up to 9.00am on 19 March
2026 in respect of the 2025/2026 tax year. As a result, the Company has issued
and allotted 11,620,946 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 36.18p to 37.14p
per Ordinary Share and, as a result, the number of Ordinary Shares now in
issue is 200,008,402. Therefore, the total number of voting rights in the
Company is 200,008,402.

 

In respect of this allotment, an application will be made by the Company to
the London Stock Exchange for the new Ordinary Shares so issued 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.

 

The above statement of Voting Capital 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.

 

This is the second 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 £9,724,161 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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