Maven Income and Growth VCT 3 PLC Statement re Offer for Subscription (9606X)
January 10 2022 - 7:43AM
UK Regulatory
TIDMMIG3 TIDMMAV4
RNS Number : 9606X
Maven Income and Growth VCT 3 PLC
10 January 2022
Maven Income and Growth VCT 3 PLC and Maven Income and Growth
VCT 4 PLC (the Companies)
Offers for Subscription - Early Investment Incentive
10 January 2022
On 20 September 2021, the Companies published a joint Prospectus
(comprising a Securities Note, Registration Document and Summary)
in relation to offers for subscription of new Ordinary Shares of
10p each (together the "Offers" and each an "Offer").
In the Prospectus, it was stated that all valid applications
that were received (together with their relevant application
monies) by the deadline of 12.00 noon on 28 January 2022 would be
eligible to receive an Early Investment Incentive discount under
the Offers. Existing Shareholders (and their spouses or partners)
in any of the Maven VCTs, including the Companies, at the time the
application was received would benefit from an enhanced rate of
discount in recognition of their continued support for the Maven
VCTs. The levels of discount to be applied would be:
-- 1.5% of the application amount for Existing Shareholders; and
-- 1.25% of the application amount for New Investors.
It was also stated that each Company could, in consultation with
Maven Capital Partners UK LLP (Maven) and in their absolute
discretion, extend the deadline by which applications must be
received to be eligible for the Early Investment Incentive under
its Offer.
The Board of each Company confirms that the deadline by which
applications must be received to be eligible for the Early
Investment Incentive under their Company's respective Offer has
been extended until close of business on Wednesday 2 February 2022.
Furthermore, it is anticipated that both Companies will make
initial allotments of new Ordinary Shares under their respective
Offers as soon as practicable after that date.
Further information
Any enquiries in respect of the Offers, or requests for copies
of the Prospectus documents (available free of charge), should be
directed to:
Maven Capital Partners UK LLP
Kintyre House
205 West George Street
Glasgow
G2 2LW
Telephone: 0141 306 7400
E-mail: enquiries@mavencp.com
Downloadable versions of the Prospectus documents are available
from the Maven website at: www.mavencp.com/vctoffer .
Maven Capital Partners UK LLP
Secretary
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END
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