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Maven Income and Growth VCT ( (GB:MIG1) ) just unveiled an announcement.
Maven Income and Growth VCT PLC, along with its associated companies, plans to raise up to £50 million through offers for subscription of new ordinary shares. This fundraising effort, set to occur over the 2025/26 and 2026/27 tax years, aims to capitalize on a robust pipeline of investment opportunities, allowing Maven Capital Partners UK LLP to continue executing VCT qualifying transactions. The offers are expected to remain open until April 2026, subject to early closure if fully subscribed, with a prospectus detailing the offers to be published in Autumn 2025.
More about Maven Income and Growth VCT
Maven Income and Growth VCT PLC and its associated companies operate in the financial services industry, focusing on venture capital trusts (VCTs). Their primary service involves raising capital to invest in a diverse portfolio of small and medium-sized enterprises (SMEs) with growth potential, thereby providing investors with tax-efficient investment opportunities.
Average Trading Volume: 116,549
Technical Sentiment Signal: Buy
Find detailed analytics on MIG1 stock on TipRanks’ Stock Analysis page.