Last checked at 
17 Jan 2024 09:58
Maven Income and Growth VCT 4 PLC (the Company)
Issue of Equity
On 13 October 2023, 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 £2.5 million (the Offer).
Pursuant to the Offer, a total of £1,495,142 of valid applications were received in the period from 13 October 2023 up to 9.00am on 15 January 2024. In respect of the 2023/2024 tax year, £1,413,892 of valid applications were received and, as a result, the Company has issued and allotted 2,260,393 new Ordinary Shares on 17 January 2024. 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 61.70p to 64.29p per Ordinary Share and, as a result, the number of Ordinary Shares now in issue is 138,242,734. Therefore, the total number of voting rights in the Company is 138,242,734.
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 so issued 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 22 January 2024.
The above statement of Voting Capital 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.
The Board of the Company intends that a further allotment in respect of applications for the 2023/2024 tax year will take place shortly after the end of the Early Investment Incentive period, being 5.00pm on 31 January 2024.
For further information, please contact:
Maven Capital Partners UK LLP
Telephone: 0141 306 7400
E-mail: enquiries@mavencp.com
Maven Capital Partners UK LLP
Secretary
17 January 2024