Maven Income and Growth VCT 2 PLC Statement re Dividend Investment Scheme (9232W)
24 Août 2015 - 4:36PM
UK Regulatory
TIDMMIG2
RNS Number : 9232W
Maven Income and Growth VCT 2 PLC
24 August 2015
Maven Income and Growth VCT 2 PLC (the Company)
Suspension of Dividend Investment Scheme (DIS)
Under the Terms and Conditions of the Company's DIS, which allow
the Directors to suspend or terminate its operation without prior
notice and revert to making monetary payments to all Participants,
the Board has resolved that, in light of the investment
restrictions proposed in the Government's Summer 2015 Budget, the
DIS will be suspended with immediate effect. This will allow the
Directors and the Manager to review the final changes to the VCT
legislation and to consider the full potential impact of these on
the Company's future investment strategy.
As a result, until further notice, all future dividends will be
paid to Shareholders by either cheque or direct bank transfer using
existing mandate instructions. Written confirmation of this
suspension in the operation of the DIS will be issued to those
Shareholders who have elected to participate.
Issued on behalf of the Board
Maven Capital Partners UK LLP
Secretary
24 August 2015
This information is provided by RNS
The company news service from the London Stock Exchange
END
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August 24, 2015 10:36 ET (14:36 GMT)
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