Last checked at 
20 May 2010 16:49
Maven Income and Growth VCT 4 PLC
This announcement replaces the previous Interim Management Statement.
1. Net Asset Value
·; Ordinary share net asset value (NAV) of 90.29p at 31 March 2010
·; S Ordinary share net asset value (NAV) of 96.36p at 31 March 2010
The NAVs shown above are unaudited and reflect the closing bid prices of quoted securities at 31 March 2010. Unlisted companies are normally valued on a six-monthly basis and the NAVs include the Directors' valuations of unlisted investments as at 31 December 2009 adjusted for material developments within the portfolios since that date.
2. Investments and disposals
During the quarter ended 31 March 2010, the Ordinary share portfolio invested £354,739 in unlisted investments. During the same period, disposals generated aggregate proceeds of £194,825 against cost of £126,460.
The S share portfolio invested £289,362 in unlisted investments during the same period, and generated aggregate disposals proceeds of £178,610 against cost of £104,963.
There were no other material transactions during the period under review.
3. Issue of shares
During April 2010, and as previously announced, the Company allotted a further 676,899 Ordinary shares at 89.5p per share pursuant to the Maven Income and Growth VCT Offer.
4. Recent developments
Since 31 March 2010, further disposals generated proceeds of £34,806 for the Ordinary share portfolio and £39,820 for the S share portfolio against costs of £22,752 and £22,236 respectively.
The Board is not aware of any other events or transactions that have taken place between 31 March 2010 and the date of publication of this statement and which would have had a material impact on the financial position of the Company.
Issued on behalf of the Board
Maven Capital Partners UK LLP, Secretary
20 May 2010