VCT Top-up Offer

Offers are currently open for Maven Income and Growth VCT 3 PLC (Maven VCT 3) and Maven Income and Growth VCT 4 PLC (Maven VCT 4). This fundraising is limited to £30 million (with an over-allotment facility for up to a further £10 million).

Investors can subscribe for new shares in two established VCTs, for one or both of the 2017/18 and 2018/19 tax years - and can benefit from the first offer by a VCT manager to accept online application and payments.

Key Information

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Maximum Offer Size: £30 million
Amount Raised to Date: £12.4 million
Minimum Subscription: £5,000 
Offer Closes: 
Tax year 2017/18 - 3 April 2018
Tax year 2018/19 - 20 April 2018


During the past 5 years

Maven VCT 3

Maven VCT 4

Average annual dividend*

7.35p 6.52p

Tax-free yield* based on average dividend

13.3% 10.4%

* This is historical information, based on the dividends paid over the past five financial years (including the current year) and should not be taken as any indication or forecast of future dividend levels. Yields are calculated using the most recently published NAV for the Companies (at the date of this document), and assume that the investor benefits from initial income tax relief of up to 30% on newly issued VCT shares, as currently available on investment in new VCT shares.

Supplementary Documentation

How to apply by post or online


The Application Form is included in the Securities Note or can be downloaded on this page. Please send the Application Form (with your cheque and proof of identity, if appropriate) to:

Link Asset Services,
Corporate Actions,
The Registry,
34 Beckenham Road,
Kent BR3 4TU. 


For the first time VCT investors can submit an online application, and payment can be made by UK debit card, for applications of £12,000 or less, or by bank transfer or cheque. Click here to invest:

If you have any questions about the VCT Offer, call Maven on 0141 306 7400 or get in touch by email.
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