Maven Income and Growth VCT 6 PLC Issue of Equity (8082B)

TIDMMIG6

RNS Number : 8082B

Maven Income and Growth VCT 6 PLC

06 April 2017

Maven Income and Growth VCT 6 PLC (the Company)

Issue of Equity

On 9 December 2016 the Company launched an offer for subscription for new ordinary shares of 10p each (Ordinary Shares) to raise up to GBP6 million, with an over-allotment facility for up to a further GBP2 million (the Offer). On the 17 January 2017 the Company announced that the board of the Company had resolved to exercise its discretion to utilise the over-allotment facility for the full GBP2 million, and further announced on the 7 February 2017 that the Offer (with the over-allotment facility fully utilised) was fully subscribed and closed to further applications. On 16 February 2017 the Company issued and allotted all of the new Ordinary Shares that related to applications received under the Offer in respect of the 2016/2017 tax year.

Pursuant to the Offer, and the GBP817,000 of valid applications received in respect of the 2017/2018 tax year, the Company has issued and allotted 1,369,971 new Ordinary Shares on 6 April 2017. In accordance with the allotment formula set out in the prospectus for the Offer, the offer prices at which the shares were issued were in the range of 58.76p to 59.81p per Ordinary Share and, as a result, the number of Ordinary Shares now in issue is 41,402,032. Therefore, the total number of voting rights in the Company is 41,402,032.

In respect of this allotment, an application will be made by the Company to the UK Listing Authority and to the London Stock Exchange for the new Ordinary Shares so issued to be admitted to the Official List and to trading on the London Stock Exchange's main market for listed securities. It is expected that the admission of the new Ordinary Shares will become effective and dealings will commence on or around 7 April 2017.

The above statement of Voting Capital may be used by Shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest, or a change to their interest, in the Company under the FCA's Disclosure and Transparency Rules.

For further information, please contact:

Maven Capital Partners UK LLP

Telephone: [phone]

E-mail: [e-mail]

Maven Capital Partners UK LLP

Secretary

6 April 2017

This information is provided by RNS

The company news service from the London Stock Exchange

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April 06, 2017 05:48 ET (09:48 GMT)