Maven Income and Growth VCT 4 PLC (the Company)

Net Asset Value and Interim Dividend

The Directors confirm that the unaudited net asset value of the Company as at 30 June 2023 was 64.92p per Ordinary Share, and that it reflects the payment on 23 May 2023 of a final dividend of 1.75p per Ordinary Share, in respect of the year ended 31 December 2022.

As Shareholders will be aware from recent Annual and Interim Reports, the decisions on distributions take into consideration a number of factors, including the realisation of capital gains, the adequacy of distributable reserves, the availability of surplus revenue and the VCT qualifying level, all of which are kept under close and regular review. The Board and the Manager recognise the importance of tax-free distributions to Shareholders and, subject to the conditions set out above, will seek, as a guide, to pay an annual dividend that represents 5% of the NAV per share at the immediately preceding year end.

The Board is, therefore, pleased to declare that an interim dividend in respect of the year ending 31 December 2023, of 1.75p per Ordinary Share, will be paid on 13 October 2023 to Shareholders on the register at close of business on 15 September 2023. Since the Company's launch, and after receipt of this latest dividend, a total of 91.10p per share will have been distributed in tax-free dividends. It should be noted that the effect of paying dividends is to reduce the NAV of the Company by the total cost of the distribution.

Dividend Investment Scheme (DIS)

The Company has in place a 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 granted by Shareholders at Annual General Meetings. Shares issued under the DIS should qualify for VCT tax relief applicable for the tax year in which they are allotted, subject to an individual Shareholder's particular circumstances. 

Shareholders can elect to participate in the DIS in respect of future dividends, including the interim dividend due to be paid on 13 October 2023, by completing a DIS mandate. For the above interim dividend, the mandate form must be received by the Registrar (The City Partnership) before 29 September 2023, this being the next dividend election date. The mandate form, terms & conditions and full details of the scheme (including tax considerations) are available from the Company's website at: mavencp.com/migvct4. Election to participate in the DIS can also be made through the Registrar's online investor hub at: maven-cp.cityhub.uk.com/login.

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 interim results for the six months ended 30 June 2023 has been or will be notified to a regulatory information service.

Issued on behalf of the Board

Maven Capital Partners UK LLP

Secretary

17 August 2023