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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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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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Statement re Offer for Subscription

21 Mar 2024 15:55

RNS Number : 8487H
Maven Income & Growth VCT PLC
21 March 2024

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY JURISDICTION FOR WHICH THE SAME COULD BE UNLAWFUL. THE INFORMATION CONTAINED HEREIN DOES NOT CONSTITUTE AN OFFER OF SECURITIES FOR SALE IN ANY JURISDICTION, INCLUDING IN THE UNITED STATES, CANADA, AUSTRALIA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA.

Maven Income and Growth VCT PLC (the Company)

Offer for Subscription

21 March 2024

On 13 October 2023, alongside the other Maven VCTs, the Company announced the publication of a joint Prospectus (comprising a Securities Note, Registration Document and Summary) in relation to an offer for subscription of new Ordinary Shares of 10p each (the "Offer").

The Board of the Company is pleased to advise that, with valid subscriptions received to date under the Offer now approaching its initial fundraising target of £5 million, and in view of continued interest from potential investors, the Directors have resolved to make use of the over-allotment facility, as provided for under the terms and conditions of the Offer to the extent required to meet any additional demand.

The deadline for receipt of applications for the Offer is 9.00 am on 5 April 2024 in relation to the tax year 2023/24 and 5.00 pm on 26 April 2024 in relation to the tax year 2024/25. The Offer will close on 1 May 2024 unless it is fully subscribed by an earlier date or extended by the Board to no later than 11 October 2024.

Downloadable versions of the Prospectus documents are available at: mavencp.com/vctoffer.

Any enquiries in respect of the Offer, or requests for copies of the Prospectus documents (available free of charge), should be directed to:

Maven Capital Partners UK LLP

Kintyre House

205 West George Street

Glasgow

G2 2LW

Telephone: 0141 306 7400

E-mail: enquiries@mavencp.com

Maven Capital Partners UK LLPSecretary

The information contained within this announcement is deemed by the Companies to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement via Regulatory Information Service this inside information is now considered to be in the public domain.

Notes

This announcement does not constitute or form part of any offer to issue or sell, or any solicitation of any offer to subscribe or purchase, any investment in any jurisdiction, nor shall it (or the fact of its distribution) form the basis of, or be relied on in connection with, any contract therefor.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
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Date   Source Headline
22nd Jul 20202:25 pmRNSStatement re Intended Joint Offersfor Subscription
22nd Jul 202012:18 pmRNSResult of AGM
29th May 202011:37 amRNSAnnual Financial Report
26th May 20204:54 pmRNSTransaction in Own Shares
27th Apr 20204:19 pmRNSTransaction in Own Shares
21st Apr 20205:17 pmRNSNet Asset Value & Final Dividend
26th Mar 20205:25 pmRNSUpdate on Net Asset Value
26th Mar 20205:00 pmRNSSuspension of Dividend Investment Scheme
19th Mar 20201:48 pmRNSDirector Declaration
23rd Jan 20203:36 pmRNSNet Asset Value(s)
4th Dec 20199:45 amRNSStatement re Share Premium Account Cancellation
28th Nov 20195:06 pmRNSTransaction in Own Shares
22nd Nov 20193:31 pmRNSDirector/PDMR Shareholding
22nd Nov 20192:45 pmRNSIssue of Equity
20th Nov 20194:44 pmRNSStatement re Dividend Investment Scheme
31st Oct 20194:42 pmRNSHalf-year Report
15th Oct 20192:33 pmRNSTransaction in Own Shares
15th Oct 20199:56 amRNSStatement re Net Asset Value and Interim Dividend
31st Jul 20193:37 pmRNSTransaction in Own Shares
4th Jul 20191:08 pmRNSNet Asset Value(s)
4th Jul 201912:55 pmRNSResult of AGM
24th May 20193:09 pmRNSAnnual Financial Report
20th May 20194:34 pmRNSTransaction in Own Shares
20th May 201911:29 amRNSTransaction in Own Shares
24th Apr 20199:47 amRNSIssue of Equity
5th Apr 20194:42 pmRNSHolding(s) in Company
8th Mar 20192:30 pmRNSDirector/PDMR Shareholding
8th Mar 20192:29 pmRNSDirector/PDMR Shareholding
7th Mar 20195:50 pmRNSIssue of Equity
4th Mar 201912:40 pmRNSNet Asset Value(s)
28th Jan 20195:18 pmRNSTransaction in Own Shares
24th Jan 20194:31 pmRNSNet Asset Value(s)
23rd Jan 20197:00 amRNSOffer for Subscription
29th Nov 201810:37 amRNSDirectorate Change
5th Nov 20185:10 pmRNSTransaction in Own Shares
2nd Nov 201811:32 amRNSResult of General Meeting
26th Oct 20187:00 amRNSHalf-year Report
12th Oct 20184:36 pmRNSNet Asset Value
26th Sep 20186:29 pmRNSStatement re Offer for Subscription
18th Jul 20187:00 amRNSStatement re Offer for Subscription
6th Jul 201811:45 amRNSNet Asset Value(s)
5th Jul 20182:38 pmRNSResult of AGM
1st Jun 20184:59 pmRNSAnnual Financial Report
22nd May 20182:47 pmRNSHolding(s) in Company
21st May 20185:22 pmRNSTransaction in Own Shares
17th May 20184:30 pmRNSDividend Declaration
25th Apr 20185:20 pmRNSTransaction in Own Shares
24th Apr 20184:46 pmRNSNet Asset Value(s)
8th Mar 20183:30 pmRNSDividend Declaration
1st Feb 20184:17 pmRNSNet Asset Value and Interim Dividend

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