8 Apr 2013 07:00
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Maven Income and Growth VCT 5 PLC
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Offer for Subscription of Ordinary Shares
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As announced on 11 February 2013, the Company has received applications in excess of Β£1.0 million pursuant to its Offer for Subscription which opened on 23 January 2013 and is, therefore, now closed.
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Subsequent to an initial allotment of shares on 4 March 2013, the Company has issued and allotted a further 1,851,721 Ordinary Shares of 10 pence each pursuant to the Offer on 5 April 2013 and, as a result, the number of Ordinary Shares in issue is now 60,428,241. The Offer Price at which the shares were issued and allotted was 35.39p per Ordinary Share.
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The shares to be issued in respect of the 2013/2014 tax year will be allotted by no later than 30 April 2013.
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Maven Capital Partners UK LLP
Secretary
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5 April 2013
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