Maven Income and Growth VCT 3 PLC Issue of Equity (3586E)
March 10 2022 - 6:30AM
UK Regulatory
TIDMMIG3
RNS Number : 3586E
Maven Income and Growth VCT 3 PLC
10 March 2022
Maven Income and Growth VCT 3 PLC (the Company)
Issue of Equity
On 20 September 2021, the Company launched an offer for
subscription for new ordinary shares of 10p each (Ordinary Shares)
to raise up to GBP10 million, with an over-allotment facility for
up to a further GBP10 million (the Offer). On 31 January 2022, it
was announced that the Directors had resolved to utilise the
over-allotment facility to the extent required to meet further
investor demand, and an initial allotment of Ordinary Shares under
the Offer took place on 4 February 2022.
The Board of the Company has resolved that an additional
allotment of shares will now take place on 22 March 2022, in
respect of all valid applications received, together with their
relevant application monies for the 2021/2022 tax year, by close of
business on 18 March 2022.
The Board also intends that a final allotment in respect of
applications for the 2021/2022 tax year will take place on or
before 5 April 2022. It is also intended that an allotment in
respect of applications for the 2022/2023 tax year will take place
as soon practicable after the close of the Offer, which is expected
to be on 3 June 2022 unless the Offer is fully subscribed by an
earlier date or extended, at the Board's discretion, to a date up
to and including 9 September 2022.
Further information
Any enquiries in respect of the Offer, 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
10 March 2022
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END
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