Maven Income & Growth VCT PLC Statement re Dividend Investment Scheme (3261F)
14 November 2020 - 2:43AM
UK Regulatory
TIDMMIG1
RNS Number : 3261F
Maven Income & Growth VCT PLC
13 November 2020
Maven Income and Growth VCT PLC
Net Asset Value (NAV) - Dividend Investment Scheme (DIS)
The Board of Maven Income and Growth VCT PLC (the Company)
announced previously that the NAV per share of the Company as at 31
August 2020 was 44.35p. The Board also announced that an interim
dividend of 1.00 p per share, in respect of the year ending 28
February 2021, would be paid on 20 November 2020 to Shareholders on
the register at close of business on 23 October 2020 . Furthermore,
in respect of Shareholders who had, by no later than 6 November
2020 , 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
interim dividend, the effective NAV per share of the Company will
be 43.35p 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
13 November 2020
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