Statement re Dividend Investment Scheme

RNS Number : 7683W

Maven Income and Growth VCT 5 PLC

22 August 2022

 

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 May 2022 was 37.98 p and that an interim dividend in respect of the year ending 30 November 2022, of 3.00 p per share, would be paid on 26 August 2022, to Shareholders on the register at close of business on 29 July 2022 . Furthermore, in respect of Shareholders who had, by no later than 12 August 2022 , 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 is 34.98p. 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

22 August 2022

 

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