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An announcement from Maven Income and Growth VCT ( (GB:MIG1) ) is now available.
Maven Income and Growth VCT PLC has admitted 9,866,080 new ordinary shares of 10p each to trading on the London Stock Exchange’s Main Market, following an earlier equity issue under its offer for subscription. The new shares are fully fungible with existing stock, bringing the total number of ordinary shares in issue to 209,874,482, which expands the company’s capital base and could enhance liquidity for investors.
The admission, effective from 8 April 2026, is made under a prospectus dated 2 October 2025 and covers all share admissions up to that date. By increasing its share capital through this regulated market listing, Maven Income and Growth VCT strengthens its capacity to deploy additional funds into its venture capital portfolio, potentially supporting further investment activity in its target UK growth companies.
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, high-growth British companies. Its ordinary shares trade on the London Stock Exchange’s Main Market, offering tax-efficient exposure to the UK venture capital and private equity segment.
Average Trading Volume: 41,430
Technical Sentiment Signal: Strong Buy
Find detailed analytics on MIG1 stock on TipRanks’ Stock Analysis page.