Statement re Offer for Subscription

RNS Number : 9326T

Maven Income and Growth VCT 5 PLC

25 March 2019

 

Maven Income and Growth VCT 5 PLC (the Company)

Offer for Subscription

25 March 2019

On 26 September 2018 the Company and Maven Income and Growth VCT PLC announced the publication of a joint Prospectus (comprising a Securities Note, Registration Document and Summary) in relation to offers for subscription of new Ordinary Shares of 10p each (together the "Offers" and each an "Offer").

The Board today announces that it has received subscriptions up to its fundraising limit of £20 million, including full utilisation of its £5 million over-allotment facility. Accordingly, its Offer is now closed for further applications.

The Board of the Company intends that the final allotment in respect of applications for the 2018/2019 tax year will take place on or before 5 April 2019 and that a single allotment, in respect of applications for the 2019/2020 tax year, will take place on or before 26 April 2019.

Downloadable versions of the Prospectus documents are available from the Company's website at: http://www.mavencp.com/migvct5.  

Any enquiries in respect of the Offer, or requests for copies of the Prospectus documents (available free of charge), should be directed to:

Maven Capital Partners UK LLP

Kintyre House

205 West George Street

Glasgow

G2 2LW

Telephone: [phone]

E-mail: [e-mail]

Maven Capital Partners UK LLP
Secretary

 

END

 

 

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