Published: Sep 28, 2013
Focus: Growth Capital
Tax free income and gains from established later-stage VCT portfolios.
The six Maven Income and Growth VCTs have announced a new Linked VCT Offer due to open in October 2013 - they intend to raise an aggregate of up to £20 million, with investors able to subscribe for both the 2013/14 and 2014/15 tax years.
The Offer will have a very similar structure other recent successful linked top-up offers by Maven VCTs, including those in 2012 and 2013 which closed early due to being over-subscribed.
Investors will gain access to mature VCTs with diverse later-stage portfolios, and immediate eligibility for any final dividends paid between May and August 2014 (for shares allotted before the end of April 2014).
Applications will be accepted on a first-come, first-served basis, and the Offer is intended to be open until April 2014. There is no minimum overall subscription, so investors can be assured that the Offer will proceed.
Further details of the Offer will be available in due course, via a detailed Prospectus and an investor guide which should be issued during October 2013, but if you would like to register interest for the offers please contact Steve Marshall on 0141 306 7400 or email email@example.com