Unaudited NAV & Proposed Final Dividend

Maven Income & Growth VCT PLC

26 April 2024

 

Maven Income and Growth VCT PLC

Unaudited Net Asset Value and Proposed Final Dividend

The Directors of Maven Income and Growth VCT PLC (the Company) confirm that the unaudited net asset value of the Company as at 29 February 2024 was 39.45p per Ordinary Share.

The Directors propose that a final dividend of 1.15p per Ordinary Share, in respect of the year ended 29 February 2024, be paid on 19 July 2024 to Shareholders on the register at close of business on 21 June 2024.

The Company has in place a Dividend Investment Scheme (DIS) through which Shareholders may elect to have their dividend payments used to apply for new Ordinary Shares issued by the Company under the standing authority requested from Shareholders at Annual General Meetings. Shares issued under the DIS should qualify for VCT tax reliefs applicable for the tax year in which they are allotted, subject to an individual Shareholder's particular circumstances. Terms & conditions of the scheme, together with a mandate form, are available from the Company's webpage at: www.mavencp.com/migvct.

Shareholders who have not previously applied to participate in the DIS and who wish to do so in respect of the dividend payable on 19 July 2024, should ensure that a mandate form, or CREST instruction if appropriate, is received by the Registrar, The City Partnership (UK) Limited, prior to the dividend election date of 5 July 2024.

Further to the information disclosed above, the Directors confirm that they are satisfied that all inside information (as defined by Article 7 of the Market Abuse Regulation (596/2014/EU)) that the Directors and the Company may have in their possession relating to the Company during the 30 day closed period leading up to the announcement of its annual results for the year ended 29 February 2024 has been or will be notified to a regulatory information service.

Issued on behalf of the Board                                              

Maven Capital Partners UK LLP

Secretary

26 April 2024

 

END