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| TIDM | MIG1 |
| Share Price | GBX 32.80-2.96% |
| Market Cap | £67.97m |
Maven Income and Growth VCT PLC's Board announced an unaudited Net Asset Value (NAV) per share of 39.69p as at 31 May 2024, and a final dividend of 1.15p per share for the year ended 29 February 2024, payable on 19 July 2024 to Shareholders on the register by 21 June 2024. For Shareholders who elected to participate in the Dividend Investment Scheme (DIS) by 5 July 2024, the Company confirmed the effective NAV per share for new share allotments under the DIS will be 38.54p, which will be the issue price for those Ordinary Shares.
| Date | 15 Jul 2024 |
| Time | 15:07:22 |
| Category | Miscellaneous |
| ID | 4656W |
Maven Income and Growth VCT PLC
Unaudited Net Asset Value (NAV) - Dividend Investment Scheme (DIS)
The following amendments have been made to the Statement re Dividend Investment Scheme announcement released on 15 July 2024 at 14.23 under RNS No 4606W.
References to "interim dividend" in line six of the first paragraph and lines one and three of the second paragraph have been changed to read "final dividend".
All other details remain unchanged. The full amended text is shown below:
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 May 2024 was 39.69p. The Board also announced that a final dividend of 1.15p per share, in respect of the year ended 29 February 2024, would be paid on 19 July 2024 to Shareholders on the register at close of business on 21 June 2024. Furthermore, for Shareholders who had, by no later than 5 July 2024, elected to participate in the DIS, the Company will use the amount paid in respect of the above final 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 final dividend, the effective NAV per share of the Company will be 38.54p and that this will be the price used in the calculation of the number of Ordinary Shares to be allotted under the DIS in relation to the final 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 July 2024