Maven Income and Growth VCT 3 PLC (the Company)

Issue of Equity - Replacement announcement

The issuer advises of an amendment to the Issue of Equity announcement and that the following replaces the Maven Income and Growth VCT 3 PLC announcement released at 18.17 BST on 4 April 2025 under RNS No. 8095D.

The reference to the total amount of valid applications has been amended to £2,141,406; the total number of shares issued has been amended to 4,268,328; and the Ordinary Shares now in issue, and the total voting rights, have been amended to 137,868,039. All other details remain unchanged.

The full amended version is shown below.

Maven Income and Growth VCT 3 PLC (the Company)

Issue of Equity

On 27 September 2024, the Company launched an offer for subscription for new ordinary shares of 10p each (Ordinary Shares) to raise up to £5 million, with an over-allotment facility for up to a further £5 million (the Offer). As announced on 1 April 2025, the Company's Offer is now fully subscribed and closed to further applications.

Pursuant to the Offer, a total of £2,141,406 of valid applications were received in the period from 9.00am on 24 March 2025, up to and including 9.00am on 1 April 2025 in respect of the 2024/2025 tax year. As a result, the Company has issued and allotted 4,268,328 new Ordinary Shares on 4 April 2025. In accordance with the allotment formula set out in the prospectus for the Offer, the offer prices at which the shares were issued were in the range of 48.83p to 50.12p per Ordinary Share and, as a result, the number of Ordinary Shares now in issue is 137,868,039. Therefore, the total number of voting rights in the Company is 137,868,039 and this may be used by Shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest, or a change to their interest, in the Company under the FCA's Disclosure Guidance and Transparency Rules.

In respect of this allotment, an application will be made by the Company to the FCA and to the London Stock Exchange for the new Ordinary Shares to be admitted to the Official List and to trading on the London Stock Exchange's main market for listed securities. It is expected that the admission of the new Ordinary Shares will become effective, and dealings will commence, on or around 9 April 2025.

This is the fourth and final allotment in respect of the 2024/2025 tax year. It is intended that an allotment in respect of applications for the 2025/2026 tax year will take place on, or before, 2 May 2025.

For further information, please contact:

Maven Capital Partners UK LLP

Telephone: 0141 306 7400

E-mail: [email protected]

Maven Capital Partners UK LLP

Secretary

4 April 2025