Net Asset Value(s)

RNS Number : 5930L

Maven Income and Growth VCT 5 PLC

28 April 2015

 

Maven Income and Growth VCT 5 PLC

Net Asset Value

The Directors confirm:

·           Net asset value (NAV)¹ of 40.33p per Ordinary Share as at 28 February 2015, compared to 39.50p at 30 November 2014;

·           NAV total return² of 67.78p per Ordinary Share as at 28 February 2015, compared to 66.95p at 30 November 2014; and

·           Approved final dividend of 1.7p per Ordinary Share in respect of the year ending 30 November 2014 to be paid on 5 June 2015, taking the payment for the full year to 2.5p per Ordinary Share (2013: 2.0p)

Notes:

¹The NAV at 28 February 2015 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 5 June 2015. Investments in unlisted companies are normally valued on a six monthly basis and the NAV incorporates the Directors' valuation of unlisted investments as at 30 November 2014, 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 30 November 2014 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

28 April 2015

 

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