RNS Number : 3959F
Maven Income & Growth VCT PLC
07 July 2023
 

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 May 2023 was 42.29p. The Board also announced that a final dividend of 1.15p per share, in respect of the year ended 28 February 2023, would be paid on 14 July 2023 to Shareholders on the register at close of business on 16 June 2023. Furthermore, in respect of Shareholders who had, by no later than 30 June 2023, 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 41.14p 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

7 July 2023

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