Less Ads, More Data, More Tools Register for FREE

Pin to quick picksMaven I&g 4 Regulatory News (MAV4)

Share Price Information for Maven I&g 4 (MAV4)

Share Price is delayed by 15 minutes
Get Live Data
50.00    0.00 (0.00%)
Bid:
49.00
Ask:
51.00
Spread: 2.00 (4.082%)
Market Cap: £83.71m
MAV4 Live PriceLast checked at - London Stock Exchange

Intraday Maven I&g 4 Share Chart

Dividend Declaration

5 Jan 2022 10:35

RNS Number : 5161X
Maven Income & Growth VCT 4 PLC
05 January 2022
 

Maven Income and Growth VCT 4 PLC

 

Declaration of Further Interim Dividend

 

The Directors of Maven Income and Growth VCT 4 PLC (the Company) are pleased to announce that, following the profitable realisation of the holding in Quorum Cyber Security, which completed in late December 2021 and provided a return of 6.5 times cost, and to ensure that the Company will continue to comply with the VCT regulations at all times, they consider it appropriate to declare a further interim dividend in respect of the year ended 31 December 2021, of 2.00p per Ordinary Share, to be paid on 11 March 2022 to Shareholders on the register at close of business on 11 February 2022.

 

As Shareholders will be aware from recent Annual and Interim Reports, decisions on distributions take into consideration a number of factors, including the availability of surplus revenue, the realisation of capital gains, the adequacy of distributable reserves and the VCT qualifying level. These factors are all kept under close and regular review by the Board and the Manager, who recognise the importance of tax-free distributions to Shareholders and remain committed to maintaining a programme of dividends in accordance with the Company's stated policy.

 

Since the Company's launch, and after receipt of this latest interim dividend, 84.60p per share will have been distributed in tax-free dividends. It should be noted that the effect of paying dividends is to reduce the NAV of the Company by the total cost of the distribution.

 

Dividend Investment Scheme

The Company has in place a Dividend Investment Scheme (DIS), through which Shareholders may elect to have their dividend payments used to apply for new Ordinary Shares issued by the Company under the standing authority requested from Shareholders at Annual General Meetings. Shares issued under the DIS should qualify for VCT tax reliefs applicable for the tax year in which they are allotted. Terms & conditions of the scheme, together with a mandate form, are available from the Company's website at: www.mavencp.com/migvct4.

 

Shareholders who have not previously applied to participate in the DIS, and who wish to do so in respect of the dividend payable on 11 March 2022, should ensure that a mandate form is received by the Company's new Registrar, The City Partnership (UK) Limited (appointed with effect from 25 October 2021), prior to the dividend election date of 25 February 2022. Election to participate in the DIS can also be made through the Registrar's share portal at https://maven-cp.cityhub.uk.com.

 

Issued on behalf of the Board

Maven Capital Partners UK LLP

Secretary

5 January 2022

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DIVSSSFSIEESEDF
Date   Source Headline
10th Mar 20154:10 pmRNSNet Asset Value(s)
26th Feb 201512:09 pmRNSIssue of Equity
26th Feb 201511:45 amRNSDirector/PDMR Shareholding
20th Feb 20152:52 pmRNSIssue of Equity
5th Feb 20155:00 pmRNSStatement re Offers for Subscription
3rd Feb 20153:07 pmRNSStatement re Offers for Subscription
30th Jan 20154:53 pmRNSStatement re Offers for Subscription
20th Jan 20159:48 amRNSStatement re Offers for Subscription
7th Jan 20152:11 pmRNSStatement re Offers for Subscription
29th Dec 20141:44 pmRNSTransaction in Own Shares
17th Dec 20142:55 pmRNSTransaction in Own Shares
16th Dec 20143:47 pmRNSTransaction in Own Shares
9th Dec 20144:26 pmRNSTransaction in Own Shares
4th Dec 20143:37 pmRNSTransaction in Own Shares
2nd Dec 20141:07 pmRNSNet Asset Value(s)
20th Oct 20146:27 pmRNSStatement re Prospectus and Circular
1st Oct 201410:50 amRNSStatement re Joint Offer for Subscription
30th Sep 20143:11 pmRNSStatement re Share Consolidation
30th Sep 20143:06 pmRNSReplacement Total Voting Rights
30th Sep 20142:35 pmRNSTotal Voting Rights
23rd Sep 20149:41 amRNSStatement re Share Class Consolidation
2nd Sep 201412:37 pmRNSDirector Declaration
29th Aug 20145:06 pmRNSHalf Yearly Report
28th Aug 20144:23 pmRNSDividend Declaration
4th Jul 20144:32 pmRNSReplacement re Issue of Equity
2nd Jul 20149:50 amRNSIssue of Equity
13th Jun 201410:52 amRNSTransaction in Own Shares
6th Jun 20144:21 pmRNSDirector/PDMR Shareholding
6th Jun 201411:41 amRNSTransaction in Own Shares
4th Jun 20144:55 pmRNSDirector/PDMR Shareholding
4th Jun 20142:34 pmRNSTransaction in Own Shares
30th May 20143:29 pmRNSTransaction in Own Shares
29th May 20144:37 pmRNSTransaction in Own Shares
28th May 20145:11 pmRNSOffer for Subscription Update
28th May 201411:25 amRNSTransaction in Own Shares
27th May 20143:23 pmRNSTransaction in Own Shares
14th May 20142:26 pmRNSInterim Management Statement
14th May 20142:25 pmRNSResult of AGM
30th Apr 20147:01 amRNSStatement re Offer for Subscription
24th Apr 20142:49 pmRNSOffer for Subscription - Supplementary Prospectus
9th Apr 20145:07 pmRNSAnnual Financial Report
7th Apr 20144:18 pmRNSOffer for Subscription - Supplementary Prospectus
7th Apr 20143:49 pmRNSDirector/PDMR Shareholding
7th Apr 201411:30 amRNSIssue of Equity
28th Mar 20143:41 pmRNSTransaction in Own Shares
27th Mar 20144:16 pmRNSTransaction in Own Shares
26th Mar 20143:00 pmRNSTransaction in Own Shares
24th Mar 20149:45 amRNSCompliance with Model Code
19th Mar 20143:37 pmRNSDirector/PDMR Shareholding
19th Mar 20142:27 pmRNSTransaction in Own Shares

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.