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Pin to quick picksMaven Income 1 Regulatory News (MIG1)

Share Price Information for Maven Income 1 (MIG1)

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Share Price: 38.00
Bid: 37.00
Ask: 39.00
Change: 0.00 (0.00%)
Spread: 2.00 (5.405%)
Open: 38.00
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Low: 38.00
Prev. Close: 38.00
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Maven Income and Growth VCT is an Investment Trust

To achieve long term capital appreciation and generate maintainable levels of income for shareholders through investing in small and medium sized unlisted and AIM/NEX quoted companies.

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Issue of Equity

20 Feb 2015 14:44

RNS Number : 5075F
Maven Income & Growth VCT PLC
20 February 2015
 

Maven Income and Growth VCT PLC

 

Offer for Subscription

 

 

The board of Maven Income and Growth VCT PLC (the Company) is pleased to confirm that, as announced on 20 January 2015, the Company has received valid applications to the value of £4 million pursuant to its offer for subscription (the Offer),which opened on 20 October 2014, and, as such, is now closed for further applications.

 

The board confirms that all valid applications received in respect of the 2014/2015 tax year, representing the sum of £3.74 million, have been accepted and, pursuant to its Offer, the Company issued and allotted 5,506,387 Ordinary Shares of 10 pence each on 20 February 2015. The offer prices at which the shares were issued and allotted ranged from £0.67250626 to £0.69333703 per Ordinary Share and, as a result, the number of Ordinary Shares now in issue is 53,799,962.

 

The board expects an allotment in respect of applications for the 2015/2016 tax year to take place in April 2015.

 

Dealings in such Ordinary Shares are expected to commence as soon as practicable after each of the respective allotment dates.

 

Maven Capital Partners UK LLP

Secretary

 

20 February 2015

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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