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| TIDM | MIG1 |
| Share Price | GBX 33.80-2.96% |
| Market Cap | £70.05m |
Maven Income and Growth VCT PLC's Board confirmed an unaudited NAV per share of 40.87p as at 31 August 2023, and an interim dividend of 1.00p per share payable on 1 December 2023 to shareholders registered by 3 November 2023. Following this dividend payment, the effective NAV per share for the Company will be 39.87p. This 39.87p will be the price for new 10p ordinary shares allotted under the Dividend Investment Scheme for shareholders who elected to participate by 17 November 2023.
| Date | 24 Nov 2023 |
| Time | 12:04:54 |
| Category | Miscellaneous |
| ID | 6354U |
Maven Income and Growth VCT PLC
Unaudited Net Asset Value (NAV) - Dividend Investment Scheme (DIS)
The Board of Maven Income and Growth VCT PLC (the Company) announced previously that the unaudited NAV per share of the Company as at 31 August 2023 was 40.87p. The Board also announced that an interim dividend of 1.00p per share, in respect of the year ending 29 February 2024, would be paid on 1 December 2023 to Shareholders on the register at close of business on 3 November 2023. Furthermore, in respect of Shareholders who had, by no later than 17 November 2023, 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 39.87p 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
24 November 2023