Maven Income and Growth VCT 5 PLC Unaudited NAV - Dividend Investment Scheme

RNS Number : 2695M

Maven Income and Growth VCT 5 PLC

26 April 2024

 

Maven Income and Growth VCT 5 PLC

 

Unaudited Net Asset Value (NAV) - Dividend Investment Scheme (DIS)

 

The Board of Maven Income and Growth VCT 5 PLC (the Company) has announced previously that the unaudited NAV per share of the Company as at 29 February 2024 was 32.62p and that a final dividend 1.10p per share in respect of the year ended 30 November 2023 would be paid on 3 May 2024, to Shareholders on the register at close of business on 22 March 2024. Furthermore, in respect of Shareholders who had, by no later than 12 April 2024, elected to participate in the DIS, the Company will use the amount paid in respect of the above final dividend to subscribe for new ordinary shares of 10p each in the Company (Ordinary Shares) to be issued at a price equivalent to the latest announced NAV per share.

 

The Board confirms that, following the payment of the above dividend, the effective NAV per share of the Company is 31.52p and that this will be the price used in the calculation of the number of Ordinary Shares to be allotted under the DIS in respect of the final dividend, the issue of which will be confirmed in a separate announcement in due course.

 

Issued on behalf of the Board

 

Maven Capital Partners UK LLP

Secretary

 

26 April 2024

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 

END

 

 

NAVIFMJTMTITBJI