2 Mar 2018 12:34
Joint Announcement
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Offer for Subscription
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2 March 2018
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On 22 September 2017, the Boards of Directors of Maven Income and Growth VCT 3 PLC and Maven Income and Growth VCT 4 PLC (together the "Companies" and each a "Company") announced that they had published a joint Prospectus (comprising a Securities Note, Registration Document and Summary) in relation to offers for subscription of new Ordinary Shares of 10p each (together the "Offers" and each an "Offer").
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The Boards are pleased to advise that, with valid subscriptions under the Offers received to date now approaching the joint fundraising target of £30 million, and in view of continued interest from potential investors, they have each resolved to utilise their Companies' respective over-allotment facility, as provided for under the terms and conditions of the Offers, to the extent required to meet further investor demand.
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The Offers are expected to close by no later than 12.00 noon on 3 April 2018 in relation to the tax year 2017/18 and 12.00 noon on 20 April 2018 in relation to the tax year 2018/19 (unless the relevant Offer is fully subscribed by an earlier date or previously extended by the relevant Board, to a date no later than 14 September 2018).
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Downloadable versions of the Prospectus documents are also available from the each of the Company's websites:
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http://www.mavencp.com/migvct3Â
http://www.mavencp.com/migvct4
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Any enquiries in respect of the Offers should be directed to, and copies of the Prospectus documents are available (free of charge) from:
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Maven Capital Partners UK LLP
Kintyre House
205 West George Street
Glasgow
G2 2LW
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Telephone: 0141 306 7400
E-mail: enquiries@mavencp.com
Maven Capital Partners UK LLPSecretary