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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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Share Price: 30.40
Bid: 29.40
Ask: 31.40
Change: 0.00 (0.00%)
Spread: 2.00 (6.803%)
Open: 30.40
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Low: 30.40
Prev. Close: 30.40
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Maven Income and Growth VCT 5 is an Investment Trust

To invest in a diversified portfolio of later-stage UK private companies to provide long-term capital appreciation and generate maintainable levels of income for shareholders.

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Statement re Offer for Subscription

25 Mar 2019 16:09

RNS Number : 9326T
Maven Income and Growth VCT 5 PLC
25 March 2019
 

Maven Income and Growth VCT 5 PLC (the Company)

 

Offer for Subscription

 

25 March 2019

 

On 26 September 2018 the Company and Maven Income and Growth VCT PLC announced the publication of 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").

 

The Board today announces that it has received subscriptions up to its fundraising limit of £20 million, including full utilisation of its £5 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 2018/2019 tax year will take place on or before 5 April 2019 and that a single allotment, in respect of applications for the 2019/2020 tax year, will take place on or before 26 April 2019.

 

Downloadable versions of the Prospectus documents are available from the Company's website at: http://www.mavencp.com/migvct5.

 

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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