NOT
FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN OR
INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, THE REPUBLIC OF
SOUTH AFRICA OR ANY JURISDICTION FOR WHICH THE SAME COULD BE
UNLAWFUL. THE INFORMATION CONTAINED HEREIN DOES NOT CONSTITUTE AN
OFFER OF SECURITIES FOR SALE IN ANY JURISDICTION, INCLUDING IN THE
UNITED STATES, CANADA, AUSTRALIA, JAPAN OR THE REPUBLIC OF SOUTH
AFRICA.
Maven Income and Growth VCT PLC (the
Company)
Offer for Subscription
21 March 2024
On 13 October 2023, alongside the
other Maven VCTs, the Company announced the publication of a joint
Prospectus (comprising a Securities Note, Registration Document and
Summary) in relation to an offer for subscription of new Ordinary
Shares of 10p each (the "Offer").
The Board of the Company is pleased
to advise that, with valid subscriptions received to date under the
Offer now approaching its initial fundraising target of £5 million,
and in view of continued interest from potential investors, the
Directors have resolved to make use of the over-allotment facility,
as provided for under the terms and conditions of the Offer to the
extent required to meet any additional demand.
The deadline for receipt of
applications for the Offer is 9.00 am on 5 April 2024 in relation
to the tax year 2023/24 and 5.00 pm on 26 April 2024 in relation to
the tax year 2024/25. The Offer will close on 1 May 2024 unless it is fully subscribed by
an earlier date or extended by the Board to no later than 11
October 2024.
Downloadable versions of the
Prospectus documents are available at: mavencp.com/vctoffer.
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 LLP
Secretary
The information contained within
this announcement is deemed by the Companies to constitute inside
information as stipulated under the Market Abuse Regulations (EU)
No. 596/2014. Upon the publication of this announcement via
Regulatory Information Service this inside information is now
considered to be in the public domain.
Notes
This announcement does not
constitute or form part of any offer to issue or sell, or any
solicitation of any offer to subscribe or purchase, any investment
in any jurisdiction, nor shall it (or the fact of its distribution)
form the basis of, or be relied on in connection with, any contract
therefor.