Dividend Declaration

RNS Number : 1739H

Maven Income and Growth VCT 5 PLC

08 March 2018

 

Maven Income and Growth VCT 5 PLC

Declaration of Interim Dividend

The Directors of Maven Income and Growth VCT 5 PLC (the Company) are pleased to announce that, following a number of recent profitable realisations and to ensure that the Company will continue to comply with the VCT regulations at all times, they consider it appropriate to declare an interim dividend of 3.70p per Ordinary Share in respect of the year ending 30 November 2018, to be paid on 13 April 2018 to Shareholders on the register at close of business on 16 March 2018.

As highlighted by the Board in the Annual Report for the year ended 30 November 2016, Shareholders should be aware that, the increased focus on investment in development capital and growth finance opportunities, as required by the revised VCT legislation, is likely to result in less predictable capital gains and income flows that may result in the quantum and timing of future dividend payments being subject to fluctuation.

Issued on behalf of the Board

Maven Capital Partners UK LLP

Company Secretary

8 March 2018

 

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