2 Mar 2012 09:37
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Maven Income and Growth VCT PLC
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Offer for Subscription of Ordinary Shares
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The Directors of Maven Income and Growth VCT PLCΒ are pleased to announce that the Maven Income and Growth VCT Offer for Subscription to raise Β£1.25 million, which opened on 7 December 2011, is fully subscribed and is now closed.
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On 1 March 2012, the Company issued and allotted 1,189,339 Ordinary Shares of 10 pence pursuant to the Offer, and as a result the number of Ordinary Shares in issue is now 40,455,301. The Offer Price at which the shares were issued and allotted was 65.71p per Ordinary Share.
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The number of shares that could be allotted was restricted as a result of the operation of the Prospectus Rules and the remainder of the shares available under the Offer will be allotted on 5 April 2012 for the 2011/2012 tax year and 18 April 2012 for the 2012/2013 tax year.
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Maven Capital Partners UK LLP
Secretary
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2 March 2012
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