REG - Maven Inc &Grwth VCT - Issue of Equity

Maven Income and Growth VCTAnnouncement

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RNS Number : 4213A  Maven Income & Growth VCT PLC  14 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 £324,000 of valid applications were
received in the period from 2 October 2025 up to 9.00am on 9 April 2026 in
respect of the 2026/2027 tax year. As a result, the Company has issued and
allotted 879,761 new Ordinary Shares on 14 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 36.55p to 37.14p per
Ordinary Share and, as a result, the number of Ordinary Shares now in issue is
 210,754,243. Therefore, the total number of voting rights in the Company is
 210,754,243.

 

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 15 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 first allotment in respect of the 2026/2027 tax year. Pursuant to
the Offer, the Board of the Company intends that a further, final allotment in
respect of applications for the 2026/2027 tax year will take place before 30
April 2026. The Company's Offer has, to date, received applications totalling
£12,353,142 for both the 2025/2026 and 2026/2027 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

 

14 April 2026

 

 

 

 

 

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