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Maven Income and Growth VCT ( (GB:MIG1) ) has provided an update.
Maven Income and Growth VCT PLC has admitted 11,620,946 new ordinary shares of 10p each to trading on the London Stock Exchange’s Main Market, following a recent offer for subscription. The new shares are fully fungible with existing ordinary shares and bring the company’s total shares in issue to 200,008,402 as of 25 March 2026.
This increase in issued share capital reflects continued investor demand for the venture capital trust and may provide additional capital to support investments in its portfolio of smaller UK companies. The enlarged share base could enhance market liquidity for shareholders while underpinning Maven Income and Growth VCT’s ability to pursue its growth and investment strategy.
More about Maven Income and Growth VCT
Maven Income and Growth VCT PLC is a UK-listed venture capital trust that provides investors with access to a diversified portfolio of smaller, growth-oriented companies. Its shares trade on the London Stock Exchange Main Market, offering tax-efficient exposure to the UK private company and smaller quoted company sector.
Average Trading Volume: 41,141
Technical Sentiment Signal: Strong Buy
For a thorough assessment of MIG1 stock, go to TipRanks’ Stock Analysis page.