Net Asset Value & Proposed Final Dividend

RNS Number : 3447N

Maven Income and Growth VCT 3 PLC

28 January 2016

 

Maven Income and Growth VCT 3 PLC

Net Asset Value and Proposed Final Dividend

The Directors of Maven Income and Growth VCT 3 PLC (the Company) confirm that the unaudited net asset value of the Company as at 30 November 2015 was 91.10p compared to 86.50p per Ordinary Share as at 30 November 2014. The unaudited net asset value as at 30 November 2015 is after the payment of dividends totalling 5.50p per Ordinary Share during the year, being the final dividend of 3.50p per Ordinary Share for the year ended 30 November 2014 and the Interim Dividend for the year ended 30 November 2015 of 2.00p per Ordinary Share. 

The Directors propose that a final dividend of 3.75p (2014: 3.50p) per Ordinary Share (comprising 1.50p revenue and 2.25p capital), in respect of the year ending 30 November 2015, 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 5.75p per Ordinary Share (2014: 5.50p) an increase of 4.5%.

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

Issued on behalf of the Board

Maven Capital Partners UK LLP

Secretary

28 January 2016

 

END

 

 

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