Maven Income and Growth VCT 3

Maven Income and Growth VCT 3 PLC is a generalist VCT aiming to achieve long term capital appreciation and generate maintainable levels of income for shareholders. 

NAV Total Return* per share

MIG3 AR 2015 bar chart

Enquiries: shareholdings and documents

For Shareholding enquiries you can contact the Registrar, Capita Asset Services, on vcts@capitaregistrars.com, or via the Capita Share Portal service which enables you to easily access and maintain your shareholding online, including changes of address. All instructions to amend the share register should be given via the Share Portal or in writing to Capita Assets Services, The Registry, 34 Beckenham Road, Beckenham, BR3 4TU.

Capita 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.

Unsolicited offers for shares (Boiler Room scams)

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


2.0p - 29 August 2014
3.50p - 5 June 2015

NAV Total Return Performance

NAV (as at 28 February 2015)
86.73p 
NAV Total Return 2004*
96p
NAV Total Return 2015
128.43p
Increase
33.78%

*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** 
6.88% 
Gross Yield† 
9.17%

**On a net purchase price of 80p. Shares acquired as new-issue shares, after initial tax relief available

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

Key Data


Date of Launch
 
27 September 2001
Ordinary Shares in Issue 
41,362,853 (as at 11/06/2015)
Date of Continuation Vote 
2020
History
Maven Income and Growth VCT 3 PLC was formerly known as Aberdeen Growth Opportunities VCT PLC

Investment Portfolio (as at 30 November 2014)

Valuation by deal type
Mig 3 ar 2015 deal type graph web template graph
Valuation by industry group
Mig 3 ar 2015 industry graph web template graph
Top 10 Investments

Top Ten Investments

7,866

14,288

Total Investments

25,968

29,118

Total Number of Investments

57

Net Asset Value

31,958

Cost £'000 Valuation £'000
Nenplas Holdings
Manufacturer of plastic tiling trims and related products.
1,157 2,313
Torridon (Gibraltar)
National supplier of specialist financial and legal insurance products and litigation services.
400 2,272
Maven Exodus Partnerships (Six Degrees Group)
Investment vehicle undertaking a buy and build in the B2B communications and data hosting sectors.
829 1,857
Steminic (trading as MSIS)
Provider of industrial cleaning and waste management services to the energy services sector.
1,120 1,606
Cash Bases
Manufacturer of customised cash drawers.
193 1,448
Lemac No. 1 (trading as John McGavigan)
Manufacturer and supplier of automotive appliques and decorative assemblies.
806 1,139
CatTech International
Specialist industrial services business focusing on the extraction and replacement of catalysts at oil refineries and petro-chemical plants.
627 997
Ensco 969 (trading as DPP)
Planned and reactive mechanical and electrical maintenance.
1,302 968
HCS Control Systems Group
Provider of a wide range of subsea control systems to the global energy services industry.
746 854
Glacier Energy Services Group
Provides onsite cutting machines and machining services to the oil and gas sectors
686 834

Dividend History

Total Dividends Paid 41.70
Year Ended November Payment Date Interim/Final Rate (p)
2014 5 June 2015 Final (proposed) 3.50
29 August 2014 Interim 2.0
2013 30 May 2014 Final 3.25
30 August 2014 Interim 2.0
2012 30 May 2013 Final 3.0
25 August 2012 Interim 2.0
2011 30 May 2012 Final 2.75
25 August 2011 Interim 1.75
2010 25 May 2011  Final 2.50
24 August 2010 Interim 1.50
2003-2009 20.95
Call Maven on 0141 306 7400 for more information on our VCTS or get in touch by email.
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