Statement re Dividend Investment Scheme

RNS Number : 9477I

Maven Income and Growth VCT 3 PLC

21 April 2022

 

Maven Income and Growth VCT 3 PLC

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

The Board of Maven Income and Growth VCT 3 PLC (the Company) has announced previously that the NAV per share of the Company as at 28 February 2022 was 61.34 p and that, in addition to a second interim dividend of 2.00p per share paid on 11 March 2022 to Shareholders on the register at close of business on 11 February 2022, a final dividend of 1.50 p per share in respect of the year ended 30 November 2021 would be paid on 26 April 2022 , to Shareholders on the register at close of business on 25 March 2022 . Furthermore, in respect of Shareholders who had, by no later than 8 April 2022 , elected to participate in the DIS, the Company will use the amount paid in respect of the above final 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, the effective NAV per share of the Company is 57.84p and that 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 final 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

21 April 2022

 

END

 

 

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