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Maven Income and Growth VCT expands capital base with latest share allotment

Story Highlights
  • Maven Income and Growth VCT raised £3.68 million by issuing 9.87 million new shares, lifting total voting shares to 209.9 million.
  • The VCT plans further April allotments after attracting £12.32 million in applications, strengthening liquidity and investment firepower.
  • 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 raised £3.68 million through the issue and allotment of 9,866,080 new ordinary shares under its ongoing subscription offer for the 2025/2026 tax year, at prices between 36.18p and 38.29p per share. Following this third and final allotment for the tax year, the company’s total shares in issue and voting rights have risen to 209,874,482.

The new shares are expected to be admitted to trading on the London Stock Exchange’s main market around 8 April 2026, providing additional tradable liquidity for investors. With total applications across the 2025/2026 and 2026/2027 tax years now at £12.32 million, the board plans further allotments in April, underlining sustained investor demand and supporting the VCT’s capacity to deploy new capital into its target portfolio of smaller UK businesses.

More about Maven Income and Growth VCT

Maven Income and Growth VCT PLC is a UK-listed venture capital trust focused on providing tax-efficient investment exposure to a diversified portfolio of smaller, growth-oriented private and AIM-quoted companies. It offers investors access to professionally managed private equity-style investments while targeting income and capital growth within the UK VCT framework.

Average Trading Volume: 41,430

Technical Sentiment Signal: Strong Buy

Find detailed analytics on MIG1 stock on TipRanks’ Stock Analysis page.

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