Unaudited Net Asset Value and Dividend Declaration
Maven Income & Growth VCT PLC
13 July 2026
Maven Income and Growth VCT PLC (the Company)
Unaudited Net Asset Value (NAV) and Dividend Declaration
Unaudited NAV
The Directors of Maven Income and Growth VCT PLC confirm:
· Unaudited net asset value (NAV)1 of 35.48p per Ordinary Share as at 31 May 2026, compared to 36.18p per Ordinary Share as at 28 February 2026; and
· NAV total return2 of 147.94p per Ordinary Share as at 31 May 2026, compared to 148.64p per Ordinary Share as at 28 February 2026.
Dividend Declaration
Following recent exit activity, the Board is pleased to declare that a first interim dividend in respect of the year ending 28 February 2027 of 1.00p per Ordinary Share, will be paid on 28 August 2026 to Shareholders on the register at close of business on 31 July 2026.
As Shareholders will be aware from recent Annual and Interim Reports, the decisions on distributions take into consideration a number of factors, including the realisation of capital gains, the adequacy of distributable reserves, the availability of surplus revenue and the Company's VCT qualifying level, all of which are kept under close and regular review. The Directors understand the importance of regular tax free distributions to Shareholders and, subject to the factors set out above, will seek, as a guide, to pay an annual dividend that represents a yield of 6% based on the NAV per Ordinary Share at the immediately preceding year end. It should be noted that the effect of paying dividends is to reduce the NAV of the Company by the total cost of the distribution.
Since the Company's launch, and after receipt of this interim dividend, a total of 114.06p per Ordinary Share will have been distributed in tax free dividends.
Dividend Investment Scheme (DIS)
The Company has in place a DIS, through which Shareholders may elect to have their dividend payments used to subscribe for new Ordinary Shares issued by the Company under the standing authority granted by Shareholders at Annual General Meetings. Shares issued under the DIS should qualify for VCT tax relief applicable for the tax year in which they are allotted, subject to an individual Shareholder's particular circumstances.
Shareholders can elect to participate in the DIS in respect of future dividends, including the interim dividend, which is due to be paid on 28 August 2026, by completing a DIS mandate, which must be received by the Registrar (The City Partnership) before 14 August 2026, this being the next dividend election date. The mandate form, terms & conditions and full details of the scheme (including tax considerations) are available from the Company's webpage at: www.mavencp.com/migvct.
Election to participate in the DIS can also be made through the Registrar's online investor hub at:
https://maven-cp.cityhub.uk.com/login.
Notes:
1The NAV at 31 May 2026 is unaudited and reflects the closing bid price of quoted securities as at that date. The NAV incorporates the Directors' valuation of unlisted investments as at 31 May 2026.
2NAV total return is the sum of NAV per Ordinary Share and dividends paid per Ordinary Share since launch.
Issued on behalf of the Board
Maven Capital Partners UK LLP
Secretary
13 July 2026
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