Net Asset Value(s)

RNS Number : 2634D

Maven Income and Growth VCT 3 PLC

23 October 2015

 

Maven Income and Growth VCT 3 PLC (the Company) - quarter ended 31 August 2015

The Directors confirm that, as at 31 August 2015:

·           Net asset value (NAV)¹ of 85.7p per Ordinary Share as at 31 August 2015, compared to 88.8p at 31 May 2015 which was before payment of the final dividend of 3.5p for the year ended 30 November 2014 and the interim dividend of 2.0p for the six months ended 31 May 2015; and

·           NAV total return² of 132.9p per Ordinary Share as at 31 August 2015, compared to 130.5p at 31 May 2015.

Notes:

¹The NAV at 31 August 2015 is unaudited and reflects the closing bid price of quoted securities as at that date. Investments in unlisted companies are normally valued on a six monthly basis and the NAV incorporates the Directors' valuation of unlisted investments as at 31 May 2015, adjusted for subsequent events where appropriate. Other than the impact of the disposal of Cash Bases, as announced on 4 September 2015, and included in the NAV as at 31 August 2015, there have been no material changes in the valuations of any of the unlisted investments during the period from 31 May 2015 to the date of this announcement. 

²NAV total return is the sum of NAV per Ordinary Share and dividends paid per Ordinary Share since launch.

Issued on behalf of the Board

Maven Capital Partners UK LLP

Secretary

23 October 2015

 

END

 

 

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