Statement re Dividend Investment Scheme

Maven Income and Growth VCT 5 PLC

05 September 2024

 

Maven Income and Growth VCT 5 PLC

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

The Board of Maven Income and Growth VCT 5 PLC (the Company) has announced previously that the unaudited NAV per share of the Company as at 31 August 2024 was 33.87p and that an interim dividend 1.00p per share in respect of the year ended 30 November 2024 would be paid on 6 September 2024, to Shareholders on the register at close of business on 9 August 2024. Furthermore, in respect of Shareholders who had, by no later than 23 August 2024, elected to participate in the DIS, the Company will use the amount paid in respect of the above interim 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 dividend, the effective NAV per share of the Company is 32.87p 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 interim 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

5 September 2024

 

END