IN BRIEF: Maven Income & Growth swings to loss on investments
Maven Income & Growth VCT PLC - venture capital trust aiming to achieve long-term capital appreciation and generate income for shareholders by investing in UK smaller companies - Reports a net asset value of 40.87 pence as at August 31, down 4.4% from 42.74p at the same time a year prior. Net loss before tax widens to GBP1.6 million in the six months ended August 31, from GBP436,000 the year prior. Records a loss on investments of GBP1.2 million in the half, compared to a gain of GBP60,000 the previous year.
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