Statement re Dividend Investment Scheme

RNS Number : 0637S

Maven Income & Growth VCT PLC

11 July 2022

 

Maven Income and Growth VCT PLC

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

The Board of Maven Income and Growth VCT PLC (the Company) announced previously that the unaudited NAV per share of the Company as at 31 May 2022 was 44.97p. The Board also announced that a final dividend of 1.25 p per share, in respect of the year ended 28 February 2022, would be paid on 15 July 2022 to Shareholders on the register at close of business on 17 June 2022 . Furthermore, in respect of Shareholders who had, by no later than 1 July 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 final dividend, the effective NAV per share of the Company will be 43.72p 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

11 July 2022

 

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