Net Asset Value(s)

RNS Number : 5821D

Maven Income & Growth VCT PLC

07 July 2016

 

Maven Income and Growth VCT PLC

Net Asset Value

The Directors confirm:

·           Net asset value (NAV)¹ of 65.85p per Ordinary Share as at 31 May 2016, after payment of the second interim dividend of 2.4p on 27 May 2016, compared to 68.06p at 29 February 2016;

·           NAV total return² of 135.35p per Ordinary Share as at 31 May 2016, compared to 135.20p at 29 February 2016; and

·           Final dividend of 1.2p per Ordinary Share in respect of the year ending 29 February 2016, to be paid on 15 July 2016.

Notes:

¹The NAV at 31 May 2016 is unaudited, reflects the closing bid price of quoted securities as at that date and includes the value of the final dividend to be paid on 15 July 2016. Investments in unlisted companies are normally valued on a six monthly basis and the NAV incorporates the Directors' valuation of unlisted investments as at 29 February 2016, adjusted for subsequent events where appropriate. There have been no material changes in the valuations of any of the unlisted investments during the period from 29 February 2016 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

7 July 2016

 

END

 

 

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