Maven I&g 4 Regulatory News (MAV4)

Maven Income and Growth VCT 4 PLC

Maven Income and Growth VCT 6 PLC

Possible merger of Maven Income and Growth VCT 4 PLC ("Maven VCT 4") and Maven Income and Growth VCT 6 PLC ("Maven VCT 6") (together the "Companies")

The boards of directors of the Companies announce that they have entered into discussions regarding a possible merger of the Companies (the "Merger"). These discussions may or may not lead to an agreement to merge the Companies. If the Merger is to proceed, the current intention is that it will be undertaken by way of a scheme of reconstruction under s.110 of the Insolvency Act 1986 by transferring the assets and liabilities of Maven VCT 6 to Maven VCT 4 in consideration for the issue of new ordinary shares in Maven VCT 4 to the Maven VCT 6 shareholders on a relative net asset value basis. Although it is proposed that the merger would be undertaken under provisions set out in the Insolvency Act 1986, it would nevertheless be a solvent liquidation. A merger solely on this basis would not be governed by The City Code on Takeovers and Mergers.

If the Merger is to proceed, it will require formal approval from the shareholders of both Companies and would also be subject to any required regulatory approvals. If the Merger is approved, it is expected to achieve costs savings through the establishment of a larger combined entity. It is anticipated that the Prospectus and Circulars required under the Listing Rules and companies' legislation would be despatched to shareholders in early November 2019, with shareholder general meetings taking place in early December 2019 and completion in mid-December 2019.

A further announcement will be made in due course.

The information contained within this announcement is deemed by the Companies to constitute inside information as stipulated under the Market Abuse Regulations (EU number. 596/2014). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

For additional information, please contact:

Maven Capital Partners UK LLP

Secretary to the Companies

Telephone: 0141 306 7400

E-mail: enquiries@mavencp.com

28 August 2019