New £15m top-up Offer by Maven VCT

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Maven's Income and Growth VCT 6 launches a top-up Investment Offer, raising up to £15m, to support further growth and expansion of the portfolio.

Published: Nov 05, 2015
Focus: Growth Capital

The Board of Maven Income and Growth VCT 6 has announced its intention to launch a top-up Offer, aiming to raise up to £15 million via a new share issue.

Investors will gain immediate access to a mature VCT with an established and diversified portfolio of private company holdings. This new share offer will look to support further growth and expansion of the portfolio, with the objective of providing investors with a regular tax-free dividend income, using a proven strategy of backing profitable businesses carefully selected by one of the UK’s leading generalist VCT managers.

Further details of the Offer will be available in due course, via a detailed Prospectus and an investor guide which should be issued in early 2016. If you would like to register interest in the Offer please contact Maven Capital Partners on 0141 306 7400 or e-mail enquiries@mavencp.com (please note that if you are an existing shareholder you will receive a copy of the Prospectus unless you have previously instructed us not to send marketing information).

Investors can also register here www.mavencp.com/enewsletter to receive email updates on all the latest Maven news regarding investments, exits and fundraises.
Bill Nixon
Bill Nixon, Managing Partner at Maven said: "We believe investors will be attracted to this latest Offer from Maven. Subscription will provide immediate eligibility for dividends from a mature VCT, together with visibility of an existing portfolio of private company investments. Offers by Maven VCTs in the past three years have been fully subscribed and we have continued to report steady uplifts in NAV total return in tandem with increasing dividends across a number of our client VCTs."

“At a time when recently announced Government proposals to change the criteria for VCT qualifying investments will restrict the types of transactions that VCTs are able to make, our regional teams across the country continue to see interesting opportunities and are well placed to identify and complete further investments that satisfy these new rules.”

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Growth Capital

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