REG - Maven Inc &Grwth VCT - Issue of Equity

Maven Income and Growth VCTAnnouncement

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RNS Number : 3247Z  Maven Income & Growth VCT PLC  02 April 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 £3,679,835 of valid applications were
received in the period from 9.00am on 19 March 2026 up to 9.00am on 2 April
2026 in respect of the 2025/2026 tax year. As a result, the Company has issued
and allotted 9,866,080 new Ordinary Shares on 2 April 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 38.29p
per Ordinary Share and, as a result, the number of Ordinary Shares now in
issue is 209,874,482. Therefore, the total number of voting rights in the
Company is 209,874,482.

 

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 8 April 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 third and final allotment in respect of the 2025/2026 tax year.
The Board of the Company intends that an allotment in respect of applications
for the 2026/2027 tax year will take place on 14 April 2026, with a final
allotment taking place before 30 April 2026. The Company's Offer has, to date,
received applications totalling £12,319,641 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

 

2 April 2026

 

 

 

 

 

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