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Maven Income and Growth VCT ( (GB:MIG1) ) has shared an update.
Maven Income and Growth VCT PLC has admitted 248,463 new 10p ordinary shares to trading on the London Stock Exchange’s Main Market following a recent offer for subscription. These shares are fully fungible with the existing stock, bringing the total number of ordinary shares in issue to 211,002,706 and modestly expanding the trust’s capital base.
The admission, effective 30 April 2026, reflects continued investor demand for the VCT’s equity and provides additional funds to deploy into its portfolio of smaller UK companies. This incremental issuance may slightly enhance liquidity in the shares and supports Maven Income and Growth VCT’s capacity to pursue further investment opportunities under its existing prospectus framework.
More about Maven Income and Growth VCT
Maven Income and Growth VCT PLC is a UK-listed venture capital trust investing in a diversified portfolio of smaller, growth-oriented private and AIM-quoted companies. It provides investors with access to tax-advantaged exposure to early-stage and expanding businesses, with its shares traded on the London Stock Exchange Main Market.
Average Trading Volume: 9,380
Technical Sentiment Signal: Strong Buy
For a thorough assessment of MIG1 stock, go to TipRanks’ Stock Analysis page.