Maven Income and Growth VCT 5 reports modest NAV growth, enhanced dividend

LONDON - Maven Income and Growth VCT 5 PLC has achieved a modest increase in NAV total return during the first half of its financial year ended May 31, 2025, according to the company’s interim results released Thursday.

The venture capital trust reported a NAV total return of 85.47p per Ordinary Share, with NAV at 31.47p per Ordinary Share as of May 31. Following the successful exit from Horizon Ceremonies, which generated an initial return of 2.1 times cost, the company declared an enhanced interim dividend of 1.25p per Ordinary Share, payable on August 29.

The company’s most recent Offer for Subscription closed early in March 2025, having reached its £10 million target. With this additional liquidity, Maven is well positioned to continue its investment strategy focused on expanding its portfolio of high-growth businesses.

During the period, Maven deployed £3.2 million across three new private companies and provided follow-on funding to 13 existing portfolio holdings. The new investments included Blackdot Solutions, a developer of advanced intelligence software; Digilytics, a provider of AI-enabled loan application processing solutions; and Kani Payments, a developer of financial reporting and reconciliation platforms.

"Your Company has made further positive progress during the first half of the financial year achieving a modest increase in NAV total return over the period," said Graham Miller, Chair of Maven Income and Growth VCT 5. "With good levels of liquidity, your Company is well positioned to continue to progress its investment strategy."

The company also announced plans to launch a new Offer later this year alongside other Maven-managed VCTs, with details to be published in a Prospectus expected in early autumn 2025.

Maven noted that despite ongoing geopolitical tensions that have recently escalated into wider global conflict, the company has delivered a resilient performance, demonstrating the strength of its investment strategy.

The information was based on the company’s interim results statement.

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