Maven Income and Growth VCT 6

Maven Income and Growth VCT 6 PLC aims to achieve long term capital appreciation, principally through investment in small unlisted companies in the United Kingdom with strong growth potential.  

NAV Total Return per share

MIG 6 AR 2016 17 NAV Graph web 01

Shareholder enquiries and documents

For Shareholding enquiries you can contact the Registrar, Link Asset Services, on vcts@linkgroup.co.uk, or via Link’s shareholding portal at www.signalshares.com which enables you to easily access and maintain your shareholding and address details online, as well as being able to change the way Link communicates with you and specify how you wish to receive dividends. All instructions to amend the share register should be given via the Share Portal or in writing to Link Assets Services, The Registry, 34 Beckenham Road, Beckenham, BR3 4TU.

Link also operates a dedicated non-premium rate VCT shareholder helpline on behalf of the Maven VCTs, on 0333 300 1566. Lines are open 0900 to 1730,  Monday to Friday (excluding public holidays in England and Wales). Calls are charged at the standard geographic rate and will vary by provider. Calls from outside the UK will be charged at the applicable international rate. Please note that the helpline cannot provide any financial, legal, investment or tax advice.‎ 

Annual and Interim Reports

Annual and Interim Reports, and other shareholder documents, are available for download on this page. Maven and the VCTs are committed to reducing the number of shareholder documents sent by post, both to minimise costs for VCT shareholders and to reduce the environmental impact of printing substantial documents. If you currently receive hard copy documents and would rather receive notifications by post , or would like to switch from postal to email notifications, you should advise Capita using the details above.

Caution: Unsolicited offers for shares

Some shareholders have received unsolicited calls from organisations offering to buy their VCT shares at prices much higher than current market values, or to sell non-tradable, overpriced, high risk or even non-existent securities. Whilst the callers may sound credible, shareholders should be aware that their intentions are often fraudulent. If you receive such a call, you should exercise caution and take note of the advice available from the ACTION FRAUD and Financial Conduct Authority (FCA) websites.

Recommendation of non-mainstream investment products

The Company currently conducts its affairs so that the shares issued by it can be recommended by independent financial advisers to ordinary retail investors in accordance with the FCA’s rules in relation to non-mainstream investment products and intends to continue to do so for the foreseeable future. The Company’s shares are excluded from the FCA’s restrictions which apply to non-mainstream investment products because they are shares in a venture capital trust and the returns to investors are predominantly based on investments in private companies or publicly quoted securities.

Dividends

 
Paid/declared (last 12 months)
0.25p
- 8 September 2017

NAV Total Return Performance

NAV (at 30 June 2017)
58.48p
NAV Total Return 2005* 
45.5p
NAV Total Return 2017
61.33p
Increase 
34.8%

*As at the reporting date closest to when the current fund manager was appointed

Price and Yield Information

View Share Price and Announcements
Yield on Cost 
0.31%** 
Gross Yield† 
0.42%

**Based on dividends shown (including any exceptional payments) and a net purchase price of 80p at initial inception, after initial tax relief available

†The yield a higher rate taxpayer would need to achieve on a taxable UK equity portfolio to match the yield on cost

Key Data


Ordinary Shares in Issue 
(total voting rights)
40,902,032 (at 29 September 2017)
Latest/Announced AGM
30 August 2017
Date of Continuation Vote
2022
History
Launched - 28 March 2000.
Maven Income and Growth VCT 6 PLC was formerly known as Talisman First Venture Capital Trust PLC, Talisman First Ofex Venture Capital Trust PLC and First Ofex Venture Capital Trust PLC

Investment Portfolio (as at 31 March 2017)

Valuation by deal type
Mig 6 ar 2016 17 deal type graph web 01 graph
Valuation by industry group
Mig 6 ar 2016 17 industry group graph web 01 graph
Top 10 Investments (excluding acquisition vehicles)

Top Ten Investments

1,346

2,107

Total Investments

5,171

5,478

Total Number of Investments

64

Net Asset Value

23,421

Cost £'000 Valuation £'000
Torridon (Gibraltar)
National supplier of specialist financial and legal insurance products and litigation services
21 416
Lemac No. 1 (trading as John McGavigan)
Manufacturer and supplier of automotive appliques and decorative assemblies
107 337
QikServe
Sofware platform for hospitality sector, for paying & ordering online.
249 249
The GP Service (UK)
Provider of online services for general medical consultations and prescriptions
199 199
Rockar 2016 (trading as Rockar)
Innovative, technology-lead motor retailer
199 199

Chic Lifestyle (trading as Chic Retreats)
Software as a service (SaaS) bookings solution for boutique hotels market

187 187
Glacier Energy Services Group
Provides onsite cutting machines and machining services
150 150
Crawford Scientific Holdings
Supplier of scientific products and technical support services
57 148
SPS (EU)
Manufacturer and supplier of promotional products
61 116
Martel Instruments Holdings
Manufacturer of compact, handheld printers and display devices
116 106

Dividend History

Total Dividends Paid or Declared 3.10
Year Ended March Payment Date Interim/Final Rate (p)
2017 8 September 2017 Final 0.25
2016 9 September 2016 Final 0.25
18 March 2016 Interim 0.80
2015  11 September 2015 Final 0.70
2014 29 August 2014 Final 0.60
2013 30 August 2013 Final 0.50
Call Maven on 0141 306 7400 for more information on our VCTS or get in touch by email.
Contact us