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IN BRIEF: Maven Income & Growth VCT 4 posts net asset value rise

27th Aug 2021 17:22

Maven Income & Growth VCT 4 PLC - generalist venture capitalist trust which aims for long term capital appreciation - Reports net asset value per share of 73.81 pence as at June 30, up 4.9% from 70.33p at December-end and 14% higher than 64.73p a year ago. Proposes interim dividend of 2.00p, up from 1.00p a year prior. "Despite the ongoing challenges in the wider economy, it is encouraging to report on the progress that has been achieved during the first half of the financial year. Whilst maintaining a cautious approach to new investment, your company added eight new VCT qualifying holdings to the portfolio," it says. Is cautiously optimistic on economic recovery prospects and notes strong levels of new investment activity.

Current stock price: 70.00p

Year-to-date change: up 11%

By Lucy Heming; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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Maven I&g 4
FTSE 100 Latest
Value8,809.74
Change53.53