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Maven Income and Growth VCT Expands Capital Base With New Share Allotment

Story Highlights
  • Maven Income and Growth VCT raised £4.29 million, issuing over 11.6 million new shares and lifting total voting stock to about 200 million.
  • The VCT plans further share allotments after strong demand, bolstering funding for UK smaller companies and clarifying investor voting thresholds.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Meet Samuel – Your Personal Investing Prophet

Maven Income and Growth VCT ( (GB:MIG1) ) has issued an update.

Maven Income and Growth VCT PLC has raised £4.29 million through its latest subscription offer, issuing 11,620,946 new ordinary shares at prices between 36.18p and 37.14p, bringing the total shares and voting rights in issue to 200,008,402. The company has applied for the new shares to be admitted to trading on the London Stock Exchange’s main market from 25 March 2026, and with total applications of £9.72 million across the 2025/2026 and 2026/2027 tax years, it plans further allotments in early April, reinforcing its capital base and offering investors updated voting capital figures for regulatory disclosure purposes.

The expanded share capital supports Maven Income and Growth VCT’s continued deployment into smaller UK companies, underpinning its role in the venture capital trust market and potentially enhancing liquidity for shareholders. The updated voting rights total also provides a clear reference point for investors assessing whether they must notify holdings under FCA transparency rules as the ongoing offer period progresses.

More about Maven Income and Growth VCT

Maven Income and Growth VCT PLC is a UK-listed venture capital trust that invests in a diversified portfolio of smaller, growth-oriented private and AIM-quoted companies. It provides investors with access to tax-efficient exposure to early-stage and expanding businesses across a range of sectors, while aiming to deliver income and capital growth over the longer term.

Average Trading Volume: 43,056

Technical Sentiment Signal: Strong Buy

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

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