Maven Income and Growth VCT (GB:MIG1) has released an update.
Maven Income and Growth VCT PLC has announced its final results for the year ended 29 February 2024, reporting a slight decrease in NAV total return to 145.86p per share and proposing a final dividend of 1.15p per share for July payment. Despite market challenges and a modest rebasing of valuation multiples, the company has successfully deployed £5.9 million in new and follow-on investments, adding eight new companies to its diverse portfolio. The company closed an offer for subscription on 26 April 2024, raising £6.8 million and remains focused on long-term growth strategies.
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