Disclaimer and Important Information

Investments referred to on this website may be suitable only for sophisticated investors and any investment should only be made on the basis of the offer document relating to the specific investment. It is the responsibility of investors to satisfy themselves that an investment is suitable for them and applications may only be made on this basis using the appropriate application forms. Click here for further information about the general risk involved in investments with Maven and what you should do if you are in any doubt as to the suitability of an investment for you.

Objective

Maven Income and Growth VCT 3  PLC (formerly Aberdeen Growth Opportunities VCT PLC) aims to achieve long term capital appreciation and generate maintainable levels of income for shareholders. 

Dividends (paid or declared in the past 12 months)

Per Ordinary Share
3.25p - 30 May 2014
2.0p - 29 August 2014

NAV Total Return Performance

Ordinary Share
NAV 84.20p  (as at 31 May 2014)
NAV Total Return 2004 96p
NAV Total Return 2014 123.90p

Former C Ordinary Share**
NAV Total Return 2006* 95p
NAV Total Return 2014** 134.10p

*New Issue (based on initial net asset value after launch costs)
**Re-stated to reflect conversion to Ordinary Shares.

Price and Yield Information

Ordinary Share: View Current Prices

Yield on cost: 6.56% tax free on a net purchase price* of 80p (based on dividends shown)
Gross Yield†: 8.75%

C Ordinary Share
On 28 February 2009 each C Share converted to 1.185 ordinary shares. Prior to conversion, holders of C ordinary shares had received dividends of 4.2p. The cost of investment per C ordinary share, taking account of initial tax relief, was 60p per share.

Key Data

Date of Launch: 27 September 2001
Ordinary Shares in Issue: 37,097,467 (as at 26 August 2014)
Date of Continuation Vote: 2020

Maven Income and Growth VCT 3 has one class of share. Each share carries a single voting right.

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. Whilst the callers 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 Financial Conduct Authority (FCA) website.

Stock Exchange Announcements

You can access the latest London Stock Exchange announcements for Maven Income and Growth VCT 3 PLC here.

 

Capita
Shareportal
This service enables you to easily access and maintain your shareholding online, including changes of address.

Register or log in on the Capita Website

All instructions to amend the share register should be given via the Shareholder Portal or in writing to Capita Asset Services, The Registry, 34 Beckenham Road, Beckenham, Kent, BR3 4TU.

Capita also has a dedicated VCT shareholder helpline which you can call on 0871 664 0324 or email vcts@capitaregistrars.com. Calls cost 10p per minute plus network extras and lines are open from 0900 until 1730, Monday to Friday.

 

Buying and selling VCT shares

VCT shares can be traded just like any other shares listed on the London Stock Exchange. Maven cannot advise on the sale or purchase of VCT shares. If you are interested in buying or selling shares in the Company, you or your adviser should contact Shore Capital Stockbrokers Limited, the Company’s appointed broker and principal market maker.

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.

The Company’s shares feature on a full list of excluded securities which can be found on the AIC website here