VCT 3 and 4 top-up Offers now open
Funds Raised: £3.6m
The new £20m joint offers by Maven Income and Growth VCT 3 PLC (Maven VCT 3) and Maven Income and Growth VCT 4 PLC (Maven VCT 4) are now open. An Early Investment Incentive discount is available until noon on 28 January 2022.
These two established VCTs are initially raising up to £10m each, with aggregate over-allotment facilities of up to £20m also available. The Offers are open to both existing shareholders and new investors, for tax years 2021/22 and 2022/23.
Maximum Offer Size: £20m (£10m per VCT), plus up to £20m joint over-allotment
Aggregate Amount Raised: £0m
Minimum Subscription: £3,000
Deadlines for Applications:
Tax year 2021/22 – 4 April 2022
Tax year 2022/23 – 27 May 2022
Early Investment Incentive – until noon 28 January 2022:
1.5% of the Application Amount for Existing Shareholders
1.25% of the Application Amount for New Investors
(see Securities Note below for full details)