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Pin to quick picksMaven I&g Vct5 Regulatory News (MIG5)

Share Price Information for Maven I&g Vct5 (MIG5)

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Spread: 2.00 (7.194%)
Market Cap: £76.28m
MIG5 Live PriceLast checked at - London Stock Exchange

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Net Asset Value(s)

5 Jun 2015 15:19

RNS Number : 4218P
Maven Income and Growth VCT 5 PLC
05 June 2015
 

Maven Income and Growth VCT 5 PLC

 

Net Asset Value - Dividend Investment Scheme

 

The Board of Maven Income and Growth VCT 5 PLC (the Company) has announced previously that the net asset value (NAV) per share of the Company as at 28 February 2015 was 40.33p and that a final dividend of 1.7p per share in respect of the year ended 30 November 2014 would be paid on 5 June 2015 to Shareholders on the register at close of business on 8 May 2015. Furthermore, in respect of Shareholders who had, by no later than 22 May 2015, elected to participate in the Dividend Investment Scheme (DIS), the Company will use the amount paid in respect of this dividend to subscribe for new Ordinary Shares to be issued at a price equivalent to the latest announced NAV per share.

 

The Board confirms that, following the payment of the above dividend, the effective NAV per share of the Company is 38.63p and that this will be the price used in the calculation of the number of new Ordinary Shares to be allotted under the DIS, the issue of which will be confirmed in a separate announcement in due course.

 

Issued on behalf of the Board

 

Maven Capital Partners UK LLP

Secretary

5 June 2015

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