Venture Capital Trusts Maven Income & Growth 4 and 5 Fully Subscribe Issue of Ordinary Shares

Maven Income and Growth VCT 4 and 5 PLC have successfully closed their offers for subscriptions of new ordinary shares, each initially aiming to raise up to £5 million, with an over-allotment facility for another £5 million. In both cases, the Company’s offer is now fully subscribed and closed to future applications.

The process of allotting the shares was carried out in accordance with the prospectus for the offer. Following the successful completion of the offer, the total number of ordinary shares, and thus voting rights, within each company has significantly increased.

An application for admission of the new ordinary shares to the Official List and to trading on the London Stock Exchange’s main market for listed securities will be made. It is anticipated that the admission will become effective and dealings will commence in the near future.

This successful issue of equity is a testament to the confidence users have in the Companies’ ability to provide steady returns and capital growth. It also provides the Companies with the necessary capital to continue investing and growing.