Maven Income & Growth VCT PLC Statement re Offers for Subscription (6230C)
20 Gennaio 2015 - 10:48AM
UK Regulatory
TIDMMIG1 TIDMMIG2 TIDMMIG3 TIDMMIG5 TIDMMAV4
RNS Number : 6230C
Maven Income & Growth VCT PLC
20 January 2015
Joint Announcement
Offers for Subscription - Maven VCT 1 Offer Fully Subscribed
Maven Income and Growth VCT plc ("Maven VCT 1"), Maven Income
and Growth VCT 2 plc ("Maven VCT 2"), Maven Income and Growth VCT 3
plc ("Maven VCT 3"), Maven Income and Growth VCT 4 plc ("Maven VCT
4") and Maven Income and Growth VCT 5 plc ("Maven VCT 5") (together
"the Companies" and each a "Company") are managed by Maven Capital
Partners UK LLP ("Maven").
The Boards of the Companies launched offers for subscription to
raise, in aggregate, up to GBP18 million ("the Offers" and each an
"Offer"). Full details of the Offers are contained in a prospectus
("the Prospectus"), which was published by the Companies on 20
October 2014.
Further to the announcement of 7 January 2015 that the Maven VCT
4 Offer was closed for further applications, the Companies are
pleased to announce that applications have now been received for
the full amount available under the Maven VCT 1 Offer and, as such,
the Maven VCT 1 Offer is now also closed for further applications.
Prospective investors can still apply to invest amounts of their
choice in one or more of the remaining Offers or invest an equal
amount in each of the Companies (save for Maven VCT 1 and Maven VCT
4) and the amount subscribed under each remaining Offer will be
invested in new ordinary shares of 10p each in the relevant
Company.
The remaining Offers will close at 12.00 noon on 28 April 2015
(unless fully subscribed by an earlier date or otherwise extended
or closed at the Directors' discretion). Persons intending to apply
under the remaining Offers for the 2014/2015 tax year should note
that the deadline for such applications is 12.00 noon on 1 April
2015.
The Prospectus was submitted to the Financial Conduct Authority
and copies of the Prospectus are available for download from the
Companies' websites:
-- www.mavencp.com/migvct
-- www.mavencp.com/migvct2
-- www.mavencp.com/migvct3
-- www.mavencp.com/migvct4
-- www.mavencp.com/migvct5
and from the National Storage Mechanism
(http://www.hemscott.com/nsm.do). For further information, please
contact:
Maven Capital Partners UK LLP
Telephone: 0141 306 7400
E-mail: enquiries@mavencp.com
Maven Capital Partners UK LLP
Secretary
20 January 2015
This information is provided by RNS
The company news service from the London Stock Exchange
END
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