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

Maven Income and Growth VCTAnnouncement

25/11/2022 12:45

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RNS Number : 6660H  Maven Income & Growth VCT PLC  25 November 2022

Maven Income and Growth VCT PLC

 

Unaudited Net Asset Value (NAV) - Dividend Investment Scheme (DIS)

 

The Board of Maven Income and Growth VCT PLC (the Company) announced
previously that the unaudited NAV per share of the Company as at 31 August
2022 was 42.74p. The Board also announced that an interim dividend of 1.10p
per share, in respect of the year ending 28 February 2023, would be paid on 2
December 2022 to Shareholders on the register at close of business on 4
November 2022. Furthermore, in respect of Shareholders who had, by no later
than 18 November 2022, 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 interim dividend,
the effective NAV per share of the Company will be 41.64p 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

25 November 2022

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