Maven Income & Growth VCT 4 PLC Statement re Share Consolidation (0490T)
September 30 2014 - 10:11AM
UK Regulatory
TIDMMAV4 TIDMMAVC
RNS Number : 0490T
Maven Income & Growth VCT 4 PLC
30 September 2014
MAVEN INCOME AND GROWTH VCT 4 PLC
Completion of Share Consolidation
30 September 2014
This announcement is made by Maven Income and Growth VCT 4 plc
("the Company") in connection with the consolidation ("Share
Consolidation") of the C ordinary shares of 10p each in the capital
of the Company ("C Shares") into the ordinary shares of 10p each in
the capital of the Company ("Ordinary Shares").
The Board of the Company is pleased to advise that the Share
Consolidation has today been implemented, in accordance with the
articles of association of the Company, as follows:
-- 3,863,876 C Shares have been redesignated as 3,077,827
Ordinary Shares (based on a conversion ratio of 0.796847454551093
per holding of C Shares and rounded down to the nearest whole
share); and
-- the balance of the C Shares held by a C Shareholder which
were not redesignated as Ordinary Shares were redesignated as
deferred shares of 10p each, all of which have been bought back by
the Company for an aggregate price of 1p and cancelled.
As a result of the above, the issued share capital of the
Company now forms one class of share, Ordinary Shares, 32,499,188
of which are in issue. No Ordinary Shares are held in treasury by
the Company.
Application has been made to the UKLA and the London Stock
Exchange for amendments to the listing of the Ordinary Shares and C
Shares to reflect the Share Consolidation.
Shareholders who hold their existing C Shares in certificated
form will receive replacement certificates in respect of the
Ordinary Shares arising from the Share Consolidation and existing
share certificates in respect of C Shares will no longer be valid.
Shareholders who hold their C Shares in CREST will have their CREST
accounts updated.
For further enquiries please contact:
Maven Capital Partners UK LLP
Telephone: 0141 306 7400
This information is provided by RNS
The company news service from the London Stock Exchange
END
STRZBLFXZKFFBBB
Maven I&G 4 C (LSE:MAVC)
Historical Stock Chart
From May 2024 to Jun 2024
Maven I&G 4 C (LSE:MAVC)
Historical Stock Chart
From Jun 2023 to Jun 2024