Statement re Dividend Investment Scheme

RNS Number : 1304T

Maven Income and Growth VCT 5 PLC

22 November 2021

 

Maven Income and Growth VCT 5 PLC

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

The Board of Maven Income and Growth VCT 5 PLC (the Company) has announced previously that the unaudited NAV per share of the Company as at 31 August 2021 was 40.26 p and that a second interim dividend in respect of the year ending 30 November 2021, of 0.50 p per share,   would be paid on 26 November 2021 , to Shareholders on the register at close of business on 29 October 2021 . Furthermore, in respect of Shareholders who had, by no later than 12 November 2021 , elected to participate in the DIS, the Company will use the amount paid in respect of the above second 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 dividend, and the first interim dividend of 0.60p per share paid on 10 September 2021, the effective NAV per share of the Company is 39.16p. 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 second 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

22 November 2021

 

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