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Maven Income and Growth VCT 3 Expands Share Capital as Fundraising Nears £9.5m

Story Highlights
  • Maven Income and Growth VCT 3 invests in smaller UK companies, offering shareholders tax-efficient exposure to income and capital growth.
  • The trust has issued over 5.4 million new shares, lifting voting rights to 155.9 million as total offer applications reach about £9.5 million.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Meet Samuel – Your Personal Investing Prophet

The latest update is out from Maven Income and Growth VCT 3 ( (GB:MIG3) ).

Maven Income and Growth VCT 3 PLC has continued its equity fundraising under its current offer for subscription, which targets up to £7.5 million with an additional £5 million over-allotment facility. The trust invests in a portfolio of smaller UK companies, aiming to deliver long-term income and capital growth for its shareholders through a tax-efficient structure.

Between 19 March and 2 April 2026, the company received £2.63 million of valid applications for the 2025/2026 tax year, leading to the issue of 5,489,670 new ordinary shares at prices between 46.58p and 49.30p. Following this fourth and final allotment for the tax year, total shares and voting rights stand at 155,864,701, with further allotments planned in April for 2026/2027 applications and total offer applications to date reaching £9.46 million.

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. It focuses on generating income and capital gains for shareholders while offering tax-efficient investment access to the UK smaller companies market.

Average Trading Volume: 21,813

Technical Sentiment Signal: Strong Buy

Learn more about MIG3 stock on TipRanks’ Stock Analysis page.

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