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| TIDM | MAV4 |
| Share Price | Loading... |
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Maven Income & Growth VCT 4 PLC previously reported a Net Asset Value (NAV) of 61.84p per share as at 31 March 2024 and confirmed a final dividend of 1.75p per share, payable on 24 May 2024. The Board subsequently confirmed that the effective NAV per share for the Dividend Investment Scheme (DIS) allotment, following the dividend payment, will be 60.09p.
| Date | 15 May 2024 |
| Time | 14:17:30 |
| Category | Corporate updates |
| ID | 5910O |
Maven Income and Growth VCT 4 PLC
Net Asset Value (NAV) - Dividend Investment Scheme (DIS)
The Board of Maven Income and Growth VCT 4 PLC (the Company) has announced previously that the NAV per share of the Company as at 31 March 2024 was 61.84p and that, in respect of the year ending 31 December 2023, a final dividend of 1.75p per share would be paid on 24 May 2024 to Shareholders on the register at close of business on 19 April 2024. In respect of Shareholders who had, by no later than 10 May 2024, elected to participate in the DIS, the Company will use the amount paid in respect of that 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 final dividend, the effective NAV per share of the Company will be 60.09p and 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 above 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
15 May 2024