22 Jul 2020 15:12
Maven Income and Growth VCT PLC
Net Asset Value
The Directors confirm:
· Net asset value (NAV)1 of 44.68p per Ordinary Share as at 31 May 2020, compared to 46.35p at 29 February 2020, and 43.49p as at 20 March 2020; and
· NAV total return2 of 141.59p per Ordinary Share as at 31 May 2020, compared to 143.26p at 29 February 2020.
Notes:
1The NAV at 31 May 2020 is unaudited and reflects the closing bid price of quoted securities as at that date. Investments in unlisted companies are normally valued on a six monthly basis and the NAV incorporates the Directors' valuation of unlisted investments as at 29 February 2020, adjusted for subsequent events where appropriate. There have been no material changes in the valuations of any of the unlisted investments during the period from 29 February 2020 to the date of this announcement.
2NAV total return is the sum of NAV per Ordinary Share and dividends paid per Ordinary Share since launch.
Issued on behalf of the Board
Maven Capital Partners UK LLP
Secretary
22 July 2020
Maven Income 1 (MIG1)