NVIDIA launches Jetson Thor robotics computers for physical AI systems
LONDON - Maven Income and Growth VCT 5 PLC (the Company) has announced the issuance of 674,291 new ordinary shares at a price of 31.48p each as part of its Dividend Investment Scheme (DIS). The issuance, which took place today, aligns with the latest announced net asset value per share according to the DIS terms.
Following this equity issue, the Company’s total issued share capital now stands at 234,831,552 ordinary shares, each with one voting right. This figure is crucial for shareholders who need to determine if they must disclose any changes in their interest in the Company, as per the Financial Conduct Authority’s Disclosure, Guidance and Transparency Rules.
The new ordinary shares are expected to be admitted to the Official List and commence trading on the London Stock Exchange (LON:LSEG)’s main market on or around May 14, 2025. This move is subject to approval by the Financial Conduct Authority (FCA) and the London Stock Exchange.
This issuance of equity is a routine financial activity for Maven Income and Growth VCT 5 PLC, which operates as a venture capital trust, providing a platform for investors to access a range of private companies with growth potential. The DIS allows shareholders to reinvest their cash dividends into new ordinary shares, potentially offering an additional avenue for investment growth and portfolio diversification.
The Company has made this information available through RNS, the news service of the London Stock Exchange, and the announcement is based on a press release statement issued by Maven Capital Partners (WA:CPAP) UK LLP, the Secretary on behalf of the Company’s Board.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.