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Pin to quick picksMaven Grwth 3 Regulatory News (MIG3)

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Maven Income and Growth VCT 3 is an Investment Trust

To achieve long-term capital appreciation and generate income for Shareholders by investing in a diversified portfolio of securities in smaller, unquoted UK companies and AIM/NEX quoted companies.

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Statement re Intended Offers for Subscription

19 Jul 2017 12:20

RNS Number : 5240L
Maven Income and Growth VCT 3 PLC
19 July 2017
 

Maven Income and Growth VCT 3 PLC and Maven Income and Growth VCT 4 PLC

(the "Companies")

 

Statement re Intended Offers for Subscription

 

The Directors of the Companies are pleased to announce the intention to raise up to £30 million, in aggregate, by way of offers for subscription of new ordinary shares, with over-allotment facilities of up to, in aggregate, a further £10 million (the "Offers"), with shares to be issued in the 2017/18 and 2018/19 tax years.

The Boards are confident that, given the strength of the current pipeline of private company introductions, the Companies' investment manager, Maven Capital Partners UK LLP, will continue to be able identify and complete VCT qualifying transactions in line with each Company's investment strategy.

A prospectus with full details of the Offers is intended for publication in September 2017.

An applicant will be able to invest amounts of their choice in one or both of the Offers, in accordance with the terms to be set out in the prospectus for the Offers and subject to the relevant Offers selected remaining open.

It is anticipated that the Offers will remain open until 5 April 2018 in respect of the 2017/18 tax year and until 30 April 2018 in respect of the 2018/19 tax year, unless an Offer is fully subscribed at an earlier date and subject to each Board's right to close or extend the relevant Offer at any time.

For further details, or to register an interest in the Offers, please contact Maven Capital Partners UK LLP by telephone on 0141 306 7400 or by e-mail to enquiries@mavencp.com.

 

On behalf of the Boards

Maven Capital Partners UK LLP

Secretary

19 July 2017

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
STRLLFLLDDIALID
Date   Source Headline
20th Feb 20152:47 pmRNSIssue of Equity
11th Feb 201511:40 amRNSNet Asset Value(s)
5th Feb 20155:00 pmRNSStatement re Offers for Subscription
3rd Feb 20153:07 pmRNSStatement re Offers for Subscription
30th Jan 20154:53 pmRNSStatement re Offers for Subscription
20th Jan 20159:48 amRNSStatement re Offers for Subscription
9th Jan 201510:17 amRNSDirector Declaration
7th Jan 20152:11 pmRNSStatement re Offers for Subscription
6th Nov 20145:23 pmRNSTransaction in Own Shares
5th Nov 20142:30 pmRNSTransaction in Own Shares
4th Nov 20144:46 pmRNSTransaction in Own Shares
4th Nov 20144:41 pmRNSDirector/PDMR Shareholding
20th Oct 20146:27 pmRNSStatement re Prospectus and Circular
10th Oct 20142:46 pmRNSInterim Management Statement
3rd Oct 20144:23 pmRNSTotal Voting Rights
1st Oct 201410:50 amRNSStatement re Joint Offer for Subscription
26th Aug 20145:07 pmRNSTransaction in Own Shares
13th Aug 20144:41 pmRNSTransaction in Own Shares
12th Aug 20143:36 pmRNSTransaction in Own Shares
11th Aug 20144:22 pmRNSTransaction in Own Shares
4th Aug 20145:26 pmRNSDirector/PDMR Shareholding
31st Jul 20143:06 pmRNSDirector/PDMR Shareholding
31st Jul 20143:03 pmRNSTransaction in Own Shares
29th Jul 20143:44 pmRNSDirector/PDMR Shareholding
29th Jul 201412:37 pmRNSHalf Yearly Report
4th Jul 20144:31 pmRNSReplacement re Issue of Equity
2nd Jul 20149:50 amRNSIssue of Equity
28th May 20145:09 pmRNSOffer for Subscription Update
30th Apr 20142:25 pmRNSDirectorate Change
30th Apr 20142:18 pmRNSAGM Results
30th Apr 20147:01 amRNSStatement re Offer for Subscription
24th Apr 20142:46 pmRNSOffer for Subscription - Supplementary Prospectus
15th Apr 201410:09 amRNSInterim Management Statement
7th Apr 20144:16 pmRNSOffer for Subscription - Supplementary Prospectus
7th Apr 201411:29 amRNSIssue of Equity
18th Mar 20147:00 amRNSOffer for Subscription - Supplementary Prospectus
4th Mar 20143:56 pmRNSAnnual Financial Report
13th Feb 201410:42 amRNSDirector/PDMR Shareholding
10th Feb 20146:05 pmRNSOffer for Subscription - Supplementary Prospectus
5th Feb 20144:20 pmRNSIssue of Equity
3rd Jan 201411:09 amRNSDirectorate Change
27th Nov 20132:04 pmRNSReplacement Result of General Meeting
27th Nov 20131:33 pmRNSResult of EGM
24th Oct 20136:11 pmRNSOffer for Subscription
17th Oct 20132:39 pmRNSInterim Management Statement
25th Sep 201311:33 amRNSStatement re Proposed Joint Fund Raising
30th Aug 20133:34 pmRNSTransaction in Own Shares
29th Aug 20134:11 pmRNSTransaction in Own Shares
27th Aug 20133:56 pmRNSTransaction in Own Shares
23rd Aug 201312:42 pmRNSTransaction in Own Shares

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