30th Mar 2016 14:45
Maven Income and Growth VCT 2 PLC
Net Asset Value and Proposed Final Dividend
The Directors of Maven Income and Growth VCT 2 PLC (the Company) confirm that the unaudited net asset value of the Company as at 31 January 2016 was 53.0p per Ordinary Share, compared to 60.8p per Ordinary Share as at 31 January 2015. The unaudited net asset value as at 31 January 2016 is after the payment of dividends totalling 14.15p per Ordinary Share during the year, being the final dividend of 2.15p per Ordinary Share for the year ended 31 January 2015, the interim dividend for the year ended 31 January 2016 of 2.0p per Ordinary Share, and a special dividend of 10.0p per Ordinary Share.
The Directors propose that a final dividend of 2.25p (2015: 2.15p) per Ordinary Share (comprising 0.5p revenue and 1.75p capital), in respect of the year ending 31 January 2016, be paid on 24 June 2016 to Shareholders on the register at close of business on 27 May 2016. On payment of the final dividend, the total distribution for the year ended 31 January 2016 will be 14.25p per Ordinary Share (2015: 4.0p).
In accordance with Listing Rule 15.5.1, and further to the information disclosed above, the Directors confirm that they are satisfied that all inside information (as defined by Section 118C of the Financial Services and Markets Act 2000) that the Directors and the Company may have in their possession relating to the Company during the period leading up to the announcement of its annual results for the year ended 31 January 2016 has been notified to a regulatory information service.
Issued on behalf of the Board
Maven Capital Partners UK LLP
Secretary
30 March 2016
Related Shares:
Maven Income and Growth VCT 2