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Maven Income and Growth VCT 3 ( (GB:MIG3) ) just unveiled an announcement.
Maven Income and Growth VCT 3 has completed the latest tranche of its equity offer, issuing 145,672 new ordinary shares at around 47.16p to 47.17p each following £68,700 of applications for the 2026/2027 tax year. This takes the total shares in issue, and voting rights, to 156,411,434, with the company seeking admission of the new stock to trading on the London Stock Exchange’s main market from around 30 April 2026.
The allotment marks the second and final issuance under the current offer, which has raised a total of £9.45 million across the 2025/2026 and 2026/2027 tax years before closing. The expanded capital base may support further investments in smaller companies and alters the denominator for shareholders monitoring disclosure thresholds under FCA transparency rules.
More about Maven Income and Growth VCT 3
Maven Income and Growth VCT 3 PLC is a UK-listed venture capital trust that provides investors with exposure to a diversified portfolio of smaller, growth-oriented private and AIM-quoted companies. The trust is managed to deliver income and capital growth, targeting tax-efficient returns for UK shareholders within the VCT framework.
Average Trading Volume: 22,851
Technical Sentiment Signal: Strong Buy
Find detailed analytics on MIG3 stock on TipRanks’ Stock Analysis page.