Published: Oct 10, 2022
Focus: Growth Capital
We are delighted to announce that Maven has launched its new joint VCTs offering existing shareholders and new investors an opportunity to subscribe for New Shares in four established VCTs. Investors can apply for one or more of the Maven VCTs, and in respect of one or both of tax years 2022/23 and 2023/24.
The Maven VCTs were established between 2000 and 2004, and each have a long term record of achieving progressive shareholder returns, including the payment of regular dividends.
Subscribing for New Shares under the Offers will provide investors with immediate access to established VCT portfolios that are highly diversified across a range of industries and UK regions. Each portfolio is predominantly composed of ambitious earlier stage private companies with high growth potential which are operating in many of the UK’s most vibrant sectors, including cyber security, web archiving, biotech, data analytics, financial services, training, life sciences and healthcare.
Qualifying investors will benefit from up to 30% initial income tax relief, as well as being entitled to any tax free dividends paid by the VCTs and exemption from capital gains tax.
An investment in shares in the Offers referred to on this web page should be made only after reading, and solely on the basis of information set out in the Securities Note, Registration Document and Summary (together The Prospectus) issued in connection with the Offers. The past performance of a VCT is not a guide to future performance.