Net Asset Value(s)

RNS Number : 3755T

Maven Income & Growth VCT PLC

17 July 2015

 

Maven Income and Growth VCT PLC

Net Asset Value - Dividend Investment Scheme

The Board of Maven Income and Growth VCT PLC (the Company) has announced previously that the net asset value (NAV) per share of the Company as at 31 May 2015 was 67.62p and that a final dividend of 3.5p per share in respect of the year ended 28 February 2015 would be paid on 17 July 2015 to Shareholders on the register at close of business on 19 June 2015. Furthermore, in respect of Shareholders who had, by no later than 3 July 2015, elected to participate in the Dividend Investment Scheme (DIS), the Company will use the amount paid in respect of this dividend to subscribe for new 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 64.12p and that this will be the price used in the calculation of the number of new Ordinary Shares to be allotted under the DIS, 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

17 July 2015

 

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