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1 Apr 2021 10:33
Maven Income and Growth VCT 5 PLC (the Company)
Offer for Subscription
1 April 2021
On 23 October 2020, the Company and Maven Income and Growth VCT PLC announced the publication of a joint Prospectus (comprising a securities note, registration document and a summary) in relation to offers for subscription of new ordinary shares of 10p each (together the "Offers" and each an "Offer").
The Board of the Company today announces that it has received subscriptions up to its fundraising limit of £20 million (which includes the full utilisation of its £10 million over-allotment facility). Accordingly, its Offer is now closed for further applications.
The Board of the Company intends that the final allotment in respect of applications for the 2020/2021 tax year will take place today, 1 April 2021, and that a single allotment, in respect of applications for the 2021/2022 tax year, will take place on or before 4 May 2021.
Downloadable versions of the Prospectus documents are available from the Company's website at www.mavencp.com/vctoffers.
Any enquiries in respect of the Offer, or requests for copies of the Prospectus documents (available free of charge), should be directed to:
Maven Capital Partners UK LLP
Kintyre House
205 West George Street
Glasgow
G2 2LW
Telephone: 0141 306 7400
E-mail: enquiries@mavencp.com
Maven Capital Partners UK LLPSecretary
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