REG - Maven Inc &Grwth VCT - Unaudited Net Asset Value and Dividend Declaration

Maven Income and Growth VCTAnnouncement

27/04/2026 15:30

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RNS Number : 0815C  Maven Income & Growth VCT PLC  27 April 2026

Maven Income and Growth VCT PLC

 

Unaudited Net Asset Value and Third Interim Dividend

 

Unaudited NAV

The Directors of Maven Income and Growth VCT PLC confirm:

 

·       Unaudited net asset value (NAV)(1) of 36.18p per Ordinary Share
as at 28 February 2026, compared to 37.38p per Ordinary Share as at 30
November 2025; and

 

·       NAV total return(2) of 148.64p per Ordinary Share as at 28
February 2026, compared to 148.84p per Ordinary Shares as at 30 November 2025.

 

Third Interim Dividend

The Directors understand the importance of tax free distributions to
Shareholders and, as announced in the 2025 Annual Report, enhanced the
dividend policy by increasing the target annual yield from 5% to 6% of NAV per
Ordinary Share at the immediately preceding year end. Shareholders should be
aware that this remains a target and that decisions on distributions take into
consideration a number of factors, including the realisation of capital gains,
the adequacy of distributable reserves, the availability of surplus revenue
and the VCT qualifying level, all of which are kept under close and regular
review.

 

Following the recent partial realisation of the investment in Summize, the
Board is pleased to declare that a third interim dividend in respect of the
year ended 28 February 2026 of 0.60p per Ordinary Share, will be paid on 26
June 2026 to Shareholders on the register at close of business on 29 May 2026.

 

Dividend Investment Scheme (DIS)

The Company has in place a DIS, through which Shareholders may elect to have
their dividend payments used to subscribe for new Ordinary Shares issued by
the Company under the standing authority granted by Shareholders at Annual
General Meetings. Shares issued under the DIS should qualify for VCT tax
relief applicable for the tax year in which they are allotted, subject to an
individual Shareholder's particular circumstances.

 

Shareholders can elect to participate in the DIS in respect of future
dividends, including this third interim dividend, due to be paid on 26 June
2026, by completing a DIS mandate, which must be received by the Registrar
(The City Partnership) by 12 June 2026, this being the next dividend election
date. The mandate form, terms & conditions and full details of the scheme
(including tax considerations) are available from the Company's webpage at:
www.mavencp.com/migvct (http://www.mavencp.com/migvct) . Election to
participate in the DIS can also be made through the Registrar's online
investor hub at: https://maven-cp.cityhub.uk.com/login
(https://maven-cp.cityhub.uk.com/login) .

 

Further to the information disclosed above, the Directors confirm that they
are satisfied that all inside information (as defined by Article 7 of the
Market Abuse Regulation (596/2014/EU)) that the Directors and the Company may
have in their possession relating to the Company during the 30 day closed
period leading up to the announcement of its annual results for the year ended
28 February 2026 has been or will be notified to a regulatory information
service.

 

Notes:

(1)The NAV at 28 February 2026 is unaudited and reflects the closing bid price
of quoted securities as at that date. The NAV incorporates the Directors'
valuation of unlisted investments as at 28 February 2026.

(2)NAV total return is the sum of NAV per Ordinary Share and dividends paid
per Ordinary Share since launch.

 

Issued on behalf of the Board

 

Maven Capital Partners UK LLP

Secretary

 

27 April 2026

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