Net Asset Value(s)

RNS Number : 9042M

Maven Income and Growth VCT 5 PLC

25 January 2016

 

Maven Income and Growth VCT 5 PLC

Net Asset Value and Proposed Final Dividend

The Directors of Maven Income and Growth VCT 5 PLC (the Company) confirm that the unaudited net asset value of the Company as at 30 November 2015 was 41.42p per Ordinary Share compared to 39.50p per Ordinary Share as at 30 November 2014. The unaudited net asset value as at 30 November 2015 reflects the payment of dividends totalling 2.60p per Ordinary Share during the year, being the final dividend of 1.70p per Ordinary Share for the year ended 30 November 2014 and the Interim Dividend for the year ended 30 November 2015 of 0.90p per Ordinary Share.

The Directors propose a final dividend of 1.75p (2014: 1.70p) per Ordinary Share (comprising 0.40p revenue and 1.35p capital), in respect of the year ended 30 November 2015, to be paid on 29 April 2016 to Shareholders on the register at close of business on 1 April 2016. On payment of the final dividend, the total distribution for the year ended 30 November 2015 will be 2.65p per Ordinary Share (2014: 2.50p) an increase of 6%.

In accordance with Listing Rule 15.5.1, and further to the information disclosed above, the Directors confirm that, as at the date of this announcement, they are satisfied that all inside information that the Directors and the Company may have in their possession relating to the Company in respect of the year ended 30 November 2015 and during the period leading up to the announcement of its annual results for that period, has been notified to a regulatory information service.

Issued on behalf of the Board

Maven Capital Partners UK LLP

Secretary

25 January 2016

 

END

 

 

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