2 Mar 2012 09:37
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Maven Income and Growth VCT 3 PLC
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Offer for Subscription of Ordinary Shares
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The Directors of Maven Income and Growth VCT 3 PLCΒ are pleased to announce that the Maven Income and Growth VCT 3 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 933,698 Ordinary shares of 10 pence pursuant to the Offer, and as a result the number of Ordinary shares in issue is now 31,199,405. The Offer Price at which the shares were issued and allotted was 83.7p 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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