We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Maven Income And Growth Vct 6 Plc | LSE:MIG6 | London | Ordinary Share | GB00B1BV3Z44 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 47.30 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMMIG6
RNS Number : 6583C
Maven Income and Growth VCT 6 PLC
18 June 2019
Maven Income and Growth VCT 6 PLC
Net Asset Value and Proposed Final Dividend
The Directors of Maven Income and Growth VCT 6 PLC (the Company) confirm that the unaudited net asset value of the Company as at 31 March 2019 was 52.77p per Ordinary Share.
As Shareholder's will be aware from recent Annual and Interim Reports, decisions on distributions take into consideration the availability of surplus revenue, the realisation of capital gains, the adequacy of distributable reserves and the Company's VCT qualifying level. These factors are all kept under close and regular review by the Board and the Manager, who recognise the importance to Shareholders of tax-free distributions.
The Board is pleased to propose that a final dividend of 1.75p per Ordinary Share, in respect of the year ended 31 March 2019, will be paid on 13 September 2019 to Shareholders on the register at close of business on 16 August 2019. This payment will be subject to the approval of Shareholders at the Annual General Meeting of the Company, which will be held on 4 September 2019. Since the Company's launch, and after receipt of this proposed dividend, 6.60p per share will have been distributed in tax-free dividends. It should be noted that the effect of paying dividends is to reduce the NAV of the Company by the total cost of the distribution.
The Company has in place a Dividend Investment Scheme (DIS) through which Shareholders may elect to have their dividend payments used to apply for new Ordinary Shares issued by the Company under the standing authority requested from Shareholders at Annual General Meetings. Shares issued under the DIS should qualify for VCT tax reliefs applicable for the tax year in which they are allotted. Terms & conditions of the scheme, together with a mandate form, are available from the Company's website at: www.mavencp.com/migvct6.
Shareholders who have not previously applied to participate in the DIS, but wish to do so in respect of the dividend payable on 13 September 2019, should ensure that a mandate form, or CREST instruction if appropriate, is submitted prior to the dividend election date of 30 August 2019.
Further to the information disclosed above, the Directors confirm that they are satisfied that all inside information (as defined by Article 7 of the Market Abuse Regulation (596/2014/EU)) that the Directors and the Company may have in their possession relating to the Company during the 30 day closed period leading up to the announcement of its annual results for the year ended 31 March 2019 has been or will be notified to a regulatory information service.
Issued on behalf of the Board
Maven Capital Partners UK LLP
Company Secretary
18 June 2019
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 rns@lseg.com or visit www.rns.com.
END
MSCFPMITMBBBBML
(END) Dow Jones Newswires
June 18, 2019 10:13 ET (14:13 GMT)
1 Year Maven Income And Growth ... Chart |
1 Month Maven Income And Growth ... Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions