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Maven Income and Growth VCT ( (GB:MIG1) ) has shared an announcement.
Maven Income and Growth VCT PLC has undertaken a share buy-back, purchasing 111,760 of its own ordinary shares at 34.3p per share for cancellation, as part of its ongoing capital management strategy. This move slightly reduces the number of shares in circulation and may support the net asset value per share and long-term returns for existing investors.
Following the transaction, the company’s issued share capital stands at 207,237,616 ordinary shares of 10p each, with one voting right per share, establishing the new baseline for regulatory disclosure thresholds. The updated share count is relevant for shareholders assessing whether their holdings trigger reporting obligations under the Financial Conduct Authority’s disclosure and transparency rules.
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 private and AIM-quoted companies. The trust is managed by Maven Capital Partners and focuses on generating income and capital gains for shareholders through tax-efficient investment in the UK’s venture capital market.
Average Trading Volume: 110,167
Technical Sentiment Signal: Strong Buy
See more data about MIG1 stock on TipRanks’ Stock Analysis page.