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MavIncGroVCT4 (MAV4)

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Friday 20 February, 2015

MavIncGroVCT4

Issue of Equity

RNS Number : 5079F
Maven Income & Growth VCT 4 PLC
20 February 2015
 


Maven Income and Growth VCT 4 PLC

 

Offer for Subscription

 

 

The board of Maven Income and Growth VCT 4 PLC (the Company) is pleased to confirm that, as announced on 7 January 2015, the Company has received valid applications to the value of £2 million pursuant to its offer for subscription (the Offer), which opened on 20 October 2014, and, as such, is now closed for further applications.

 

The board confirms that all valid applications received in respect of the 2014/2015 tax year, representing the sum of £1.85 million, have been accepted and, pursuant to its Offer, the Company issued and allotted 1,924,909 Ordinary Shares of 10 pence each on 20 February 2015. The offer prices at which the shares were issued and allotted ranged from £0.95500849 to £0.98207709 per Ordinary Share and, as a result, the number of Ordinary Shares now in issue is 33,974,097.

 

The board expects an allotment in respect of applications for the 2015/2016 tax year to take place in April 2015.

 

Dealings in such Ordinary Shares are expected to commence as soon as practicable after each of the respective allotment dates.

 

Maven Capital Partners UK LLP

Secretary

 

20 February 2015

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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