Maven Income & Growth VCT PLC Statement re Offer for Subscription (4048T)
March 24 2021 - 12:56PM
UK Regulatory
TIDMMIG1
RNS Number : 4048T
Maven Income & Growth VCT PLC
24 March 2021
Maven Income and Growth VCT PLC (the Company)
Offer for Subscription
24 March 2021
On 23 October 2020, the Company and Maven Income and Growth VCT
5 PLC announced the publication of a joint Prospectus (comprising a
securities note, registration document and a summary) in relation
to offers for subscription of new ordinary shares of 10p each
(together the "Offers" and each an "Offer").
The Board of the Company today announces that it has received
subscriptions up to its fundraising limit of GBP20 million (which
includes the full utilisation of its GBP10 million over-allotment
facility). Accordingly, its Offer is now closed for further
applications.
The Board of the Company intends that the final allotment in
respect of applications for the 2020/2021 tax year will take place
on or before 1 April 2021 and that a single allotment, in respect
of applications for the 2021/2022 tax year, will take place on or
before 4 May 2021.
The Maven Income and Growth VCT 5 PLC Offer remains open for
applications at this time.
Downloadable versions of the Prospectus documents are available
from the Company's website at: www.mavencp.com/vctoffer .
Any enquiries in respect of the Offer, or requests for copies of
the Prospectus documents (available free of charge), should be
directed to:
Maven Capital Partners UK LLP
Kintyre House
205 West George Street
Glasgow
G2 2LW
Telephone: 0141 306 7400
E-mail: enquiries@mavencp.com
Maven Capital Partners UK LLP
Secretary
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END
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