Maven Income and Growth VCT PLC

Equities

MIG1

GB0004122858

Investment Management & Fund Operators

Market Closed - London S.E. Other stock markets 09:05:10 26/06/2024 pm IST			5-day change	1st Jan Change
37 ^GBX	0.00%		-2.63%	-2.63%

18/06	Maven Income & Growth VCT's launch GBP40 million fund raise	AN
31/05	EARNINGS AND TRADING: CT UK High Income tops benchmark, ups dividend	AN

Maven Income & Growth VCT's launch GBP40 million fund raise

June 19, 2024 at 02:12 am IST

Maven Income & Growth VCT PLC - venture capital trust - Maven Income and Growth VCT PLC, Maven Income and Growth VCT 3 PLC, Maven Income and Growth VCT 4 PLC and Maven Income and Growth VCT 5 PLC announce intention to raise GBP40 million. This will be by way of offers for subscription of new shares. Each company will raise up to GBP10 million, including an over-allotment facility of up to GBP5 million. Shares will be issued in the 2024/25 and 2025/26 tax years. "Having considered the current cash reserves of the companies and the amounts intended to be raised under the offers, the boards are confident that, given the strength of the current pipeline of investment opportunities, the companies' manager, Maven Capital Partners UK LLP, will continue to be able to identify and complete VCT qualifying transactions in line with each company's investment strategy," companies say.

Current stock price: 37.00 pence

12-month change: down 7.5%

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Latest news about Maven Income and Growth VCT PLC

Maven Income & Growth VCT's launch GBP40 million fund raise	19/06	AN
EARNINGS AND TRADING: CT UK High Income tops benchmark, ups dividend	31/05	AN
Maven Income and Growth VCT PLC Reports Earnings Results for the Full Year Ended February 29, 2024	31/05	CI
Maven Income and Growth VCT PLC Proposes Final Dividend for the Year Ended 29 February 2024, Payable on 19 July 2024	31/05	CI
Alpha Core Strategies Fund announces an Equity Buyback.	16/01	CI
Alpha Core Strategies Fund authorizes a Buyback Plan.	16/01	CI
Maven Income & Growth swings to loss on investments	18/23/18	AN
Maven Income and Growth VCT PLC Reports Earnings Results for the Half Year Ended August 31, 2023	18/23/18	CI
Maven Income and Growth VCT PLC Announces Interim Dividend, Payable on 1 December 2023	18/23/18	CI
Alpha Core Strategies Fund announces an Equity Buyback.	18/23/18	CI
Alpha Core Strategies Fund authorizes a Buyback Plan.	18/23/18	CI
Maven Income and Growth VCT PLC Reports Earnings Results for the Full Year Ended February 28, 2023	07/23/07	CI
Maven Income and Growth VCT PLC Announces Final Dividend for the Year Ended 28 February 2023, Payable on 14 July 2023	07/23/07	CI
Maven Income & Growth VCT 1, 3, 4, 5 raise funds via subscription	02/23/02	AN
Maven Income & Growth VCT reports negative NAV total return	05/23/05	AN
Maven Income and Growth VCT PLC Announces Interim Dividend of the Year Ending 28 February 2023, Payable on 2 December 2022	25/22/25	CI
Maven blames macroeconomic headwinds as income from investments drops	04/22/04	AN
Maven Income and Growth VCT PLC Reports Earnings Results for the Half Year Ended August 31, 2022	04/22/04	CI
Tranche Update on Maven Income and Growth VCT PLC's Equity Buyback Plan announced on August 5, 2022.	04/22/04	CI
Maven Income and Growth VCT PLC commences an Equity Buyback Plan for 20,135,061 shares, representing 14.99% of its issued share capital, under the authorization approved on July 7, 2022.	05/22/05	CI
Maven Income and Growth VCT PLC Announces Final Dividend for the Year Ended 28 February 2022, Payable on 15 July 2022	11/22/11	CI
Maven Income and Growth VCT PLC Reports Earnings Results for the Full Year Ended February 28, 2022	08/22/08	CI
Maven Income and Growth VCT PLC Proposes Final Dividend for the Year Ended 28 February 2022, Payable on 15 July 2022	21/22/21	CI
Maven Income and Growth VCT PLC Reports Earnings Results for the Half Year Ended August 31, 2021	12/21/12	CI
Maven Income and Growth VCT PLC Declares Interim Dividend for the Year Ended February 28, 2022, Payable on December 3, 2021	12/21/12	CI

Chart Maven Income and Growth VCT PLC

Duration

Period

More charts

Company Profile

Maven Income and Growth VCT PLC is a United Kingdom-based generalist venture capital trust (VCT). The investment objective of the Company is to achieve-long term capital appreciation and generate income for its shareholders. The Company seeks to invest in a diversified portfolio of smaller United Kingdom growth companies, either unquoted or traded on the Alternative Investment Market (AIM). The Company invests in various sectors, such as software and technology; business services; pharmaceuticals, biotechnology and healthcare; data analytics; marketing and advertising technology; and learning and development recruitment technology, among others. Maven Capital Partners UK LLP serves as manager for the Company. Philip Hare & Associates LLP serves as the adviser of the Company.

Sector

Investment Management & Fund Operators

More about the company

Income Statement Evolution

More financial data

Sector Venture Capital

	1st Jan change	Capi.
MAVEN INCOME AND GROWTH VCT PLC	-2.63%	7.56Cr
HERCULES CAPITAL, INC.	+20.88%	320.48Cr
UMBRA COMPANIES INC.	+12.50%	176.45Cr
HBM HEALTHCARE INVESTMENTS AG	+12.27%	158.96Cr
OCTOPUS TITAN VCT PLC	-11.54%	122.25Cr
MOLTEN VENTURES PLC	+34.73%	91Cr
CION INVESTMENT CORPORATION	+6.98%	65Cr
VERUSA HOLDING	+54.70%	60Cr
OCTOPUS APOLLO VCT PLC	-4.17%	50Cr
WOORI TECHNOLOGY INVESTMENT CO., LTD	+20.19%	44Cr

Venture Capital