Maven Income and Growth VCT 6 PLC Issue of Equity (8082B)
April 06 2017 - 5:48AM
UK Regulatory
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: 0141 306 7400
E-mail: enquiries@mavencp.com
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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