Issue of Equity

RNS Number : 3002Z

Maven Income & Growth VCT PLC

05 March 2013

 



Maven Income and Growth VCT PLC

Offer for Subscription of Ordinary Shares

As announced on 11 February 2013, the Company has received applications in excess of £1.5 million pursuant to its Offer for Subscription which opened on 23 January 2013 and is, therefore, now closed.

On 4 March 2013, the Company issued and allotted 389,779 Ordinary Shares of 10 pence pursuant to the Offer and, as a result, the number of Ordinary Shares in issue is now 41,129,108. The Offer Price at which the shares were issued and allotted was 70.47p per Ordinary Share.

The number of shares that could be allotted was restricted as a result of the operation of the Prospectus Rules and the remainder of the shares available under the Offer will be allotted on 5 April 2013 for the 2012/2013 tax year and by no later than 30 April 2013 for the 2013/2014 tax year.

Maven Capital Partners UK LLP

Secretary

5 March 2013

 

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