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 NAV Graph

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)
1.75p
- 29 March 2018
0.25p
- 8 September 2017

NAV Total Return Performance

NAV (at 30 September 2018)
54.49p*
NAV Total Return 2005** 
45.5p
NAV Total Return 2018
59.34p
Increase 
30.42%

*The NAV per share shown above will be reduced by the payment of any subsequent dividends (see table below)
**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 
2.5%** 
Gross Yield† 
3.33%

**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)
40,927,687 (at 30 September 2018)
Latest/Announced AGM
6 September 2018 (London)
Next Continuation Vote
2023
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 30 September 2018)

Valuation by deal type
Mig 6 ir 2018 deal type graph 2 (nov 2018)  web 01 graph
Valuation by industry group
Mig 6 ir 2018 industry sector graph 2 (nov 2018) web 01 graph
Top 10 Investments (excluding acquisition vehicles)

Top Ten Investments

6,026

6,026

Total Investments

14,883

14,614

Total Number of Investments

75

Net Asset Value

22,302

Cost £'000 Valuation £'000
Horizon Cremation
Develop, operate and own purpose built crematoria across the UK
1000 1000
BioAscent Discovery
Provision of integrated drug discovery services
697 697
Bright Network (UK)
Media technology platform designed to enable leading employers to recruit good quality graduates and young professionals
696 696
Optoscribe
Designs and manufactures glass-based 3D photonic integrated circuits
627 627
ITS Technology Group
Provides faster internet, proactive managed IT and telephony services
542 542

Lending Works
Peer-to-Peer platform that matches private and institutional lenders to individual borrowers

498 498
WaterBear Education
New private college working in partnership with the University of Chischester offering Master of Arts and BA (Hons) degree programmes
498 498
eSafe Global
Provides active on-going monitoring services designed to help safeguard school and college pupils
498 498
Curo Compensation
Reward and compensation SaaS software solution
497 497
QikServe 
Software platform for the hospitality sector that allows customers to order and pay via their own and third party devices
473 473

Dividend History

Total Dividends Paid or Declared 4.85
Year Ended March Payment Date Interim/Final Rate (p)
2018 29 March 2018 Interim 1.75
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.
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