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Maven Income and Growth VCT Completes Final Allotment and Closes Subscription Offer

Story Highlights
  • Maven Income and Growth VCT issued 248,463 new shares, raising £92,200 and taking total voting share capital to 211,002,706 ordinary shares.
  • The VCT’s offer is now closed after total applications of £12.15 million, with the latest shares set to begin trading around 30 April 2026.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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The latest announcement is out from Maven Income and Growth VCT ( (GB:MIG1) ).

Maven Income and Growth VCT PLC has completed a further equity issue under its ongoing subscription offer, raising £92,200 through the allotment of 248,463 new ordinary shares at 37.11p each for the 2026/2027 tax year. Following this issuance, the company’s share capital stands at 211,002,706 ordinary shares, which also represents the total number of voting rights.

The new shares are expected to be admitted to trading on the London Stock Exchange’s main market on or around 30 April 2026, providing additional liquidity for investors and modestly expanding the VCT’s capital base. This marks the second and final allotment for the 2026/2027 tax year, with total applications across the 2025/2026 and 2026/2027 tax years reaching £12,151,148 under the now-closed offer, information that shareholders can use when assessing disclosure thresholds under FCA transparency rules.

More about Maven Income and Growth VCT

Maven Income and Growth VCT PLC is a UK-listed venture capital trust that raises funds from investors to back a diversified portfolio of smaller, growth-focused private and AIM-quoted companies, offering tax-efficient exposure to the UK smaller companies sector.

Average Trading Volume: 9,446

Technical Sentiment Signal: Strong Buy

See more data about MIG1 stock on TipRanks’ Stock Analysis page.

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