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Maven Income and Growth VCT 5 ( (GB:MIG5) ) has provided an announcement.
Maven Income and Growth VCT 5 PLC announced the issuance of new ordinary shares as part of a subscription offer initiated in September 2024. The company received valid applications totaling £2,147,026, resulting in the issuance of 6,260,033 new shares. These shares are expected to be admitted to the London Stock Exchange on 23 December 2024, increasing the total number of shares to 214,334,683. This allotment allows shareholders to use the new voting capital statement for interest notifications under FCA rules. Further allotments are planned following the Early Investment Incentive period in February 2025.
More about Maven Income and Growth VCT 5
Maven Income and Growth VCT 5 PLC operates in the financial industry, focusing on providing venture capital trusts to investors. The company offers ordinary shares to raise capital and invests in a diversified portfolio to enhance shareholder returns.
YTD Price Performance: 5.08%
Average Trading Volume: 87,181
Technical Sentiment Consensus Rating: Sell
See more data about MIG5 stock on TipRanks’ Stock Analysis page.
