Maven Grwth 3 Regulatory News (MIG3)

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

1) Name of company Maven Income and Growth VCT 3 PLC

2) State whether notification is in respect of a transaction notified in accordance with DR 3.1.4R(1)(a) or DR 3.1.4R(1)(c) or both

DR 3.1.4 R(1)(c)

3) Name of director William Robert Nixon

4) State whether notification relates to a person(s) connected with a person discharging managerial responsibilities/director named in 3 above, and identify the connected person(s)

Maven Capital Partners UK LLP, a connected person of William Robert Nixon

5) Indicate whether notification is in respect of a holding of the person named in 3 or 4 above or in respect of a non-beneficial interest

As in 4

6) Class of security Ordinary 10p shares7) Name of the registered shareholder(s) and, if more than one holder, the number of shares held by each of them (if notified)

Maven Capital Partners UK LLP Nominee Account

8) State the nature of the transaction.

Acquisition9) Number of shares/amount of stock acquired  15,930

10) Percentage of issued class acquired

0.0507% 11) Number of shares/amount of stock disposed -12) Percentage of issued class disposed -

13) Price per share 71.5p

 14) Date of transaction 21 August 2012

15) Total holding and percentage holding of issued class following this notification 491,288 Ordinary shares of 10p (1.56%)16) Date company informed 22 August 2012

Name of contact and telephone number for queries R O'NEIL TEL: 0141 206 0108

Name and signature of authorised company official responsible for making this notification

Maven Capital Partners UK LLP, Secretary

Date of Notification

23 August 2012