Net Asset Value(s)

RNS Number : 7219M

Maven Income & Growth VCT PLC

22 January 2016

 

Maven Income and Growth VCT PLC (the Company)

Net asset value as at 30 November 2015

The Directors confirm:

·      Net asset value (NAV)¹ of 66.6p per Ordinary Share as at 30 November 2015, compared to 66.0p at 31 August 2015;

·      NAV total return² of 133.7p per Ordinary Share as at 30 November 2015, compared to 130.7p at 31 August 2015; and

·      Interim dividend of 2.4p per Ordinary Share in respect of the year ending 29 February 2016, paid on 27 November 2015.

Notes:

            ¹The NAV at 30 November 2015 is unaudited, includes the value of the interim dividend and reflects the closing bid price of quoted securities as at that date. Unlisted companies are normally valued on a six monthly basis; the NAV incorporates the Directors' valuation of unlisted investments as at 31 August 2015, adjusted for subsequent events where appropriate. Other than the impact of the disposal of the investment in Westway Services Holdings (2014) Limited, announced on 9 December 2015 and reflected in the NAV at 30 November 2015, there have been no material changes in the valuations of any of the unlisted investments during the period from 30 November 2015 to the date of this announcement.

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

Issued on behalf of the Board

Maven Capital Partners UK LLP

Secretary

22 January 2016

 

END

 

 

NAVPGURPGUPQGUP