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Pin to quick picksMaven Income 1 Regulatory News (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 Offers for Subscription

7 Jan 2015 14:11

RNS Number : 5490B
Maven Income & Growth VCT 4 PLC
07 January 2015
 

Joint Announcement

 

Offers for Subscription - Maven VCT 4 Offer Fully Subscribed

 

Maven Income and Growth VCT plc ("Maven VCT 1"), Maven Income and Growth VCT 2 plc ("Maven VCT 2"), Maven Income and Growth VCT 3 plc ("Maven VCT 3"), Maven Income and Growth VCT 4 plc ("Maven VCT 4") and Maven Income and Growth VCT 5 plc ("Maven VCT 5") (together "the Companies" and each a "Company"). The Companies are managed by Maven Capital Partners UK LLP ("Maven").

 

The Boards of the Companies launched offers for subscription to raise, in aggregate, up to £18 million ("the Offers" and each an "Offer"). Full details of the Offers are contained in a prospectus ("the Prospectus"), which was published by the Companies on 20 October 2014.

 

Maven is pleased to announce that applications have now been received for the full amount available under the Maven VCT 4 Offer and, as such, the Maven VCT 4 Offer is now closed for further applications. Prospective investors can still apply to invest amounts of their choice in one or more of the remaining Offers or invest an equal amount in each of the Companies (save for Maven VCT 4) and the amount subscribed under each remaining Offer will be invested in new ordinary shares of 10p each in the relevant Company.

 

The remaining Offers will close at 12.00 noon on 28 April 2015 (unless fully subscribed by an earlier date or otherwise extended or closed at the Directors' discretion). Persons intending to apply under the remaining Offers for the 2014/2015 tax year should note that the deadline for such applications is 12.00 noon on 1 April 2015.

 

The Prospectus was submitted to the Financial Conduct Authority and copies of the Prospectus are available for download from the Companies' websites:

 

· www.mavencp.com/migvct

· www.mavencp.com/migvct2

· www.mavencp.com/migvct3

· www.mavencp.com/migvct4

· www.mavencp.com/migvct5

 

and from the National Storage Mechanism (http://www.hemscott.com/nsm.do). 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

7 January 2015

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