Maven Income and Growth VCT 3 PLC (the Company)
Issue of Equity
On 2 October 2025, the Company launched an offer for subscription for new ordinary shares of 10p each (Ordinary Shares) to raise up to £7.5 million, with an over-allotment facility for up to a further £5 million (the Offer).
Pursuant to the Offer, a total of £2,633,551 of valid applications were received in the period from 9.00am on 19 March 2026 up to and including 9.00am on 2 April 2026 in respect of the 2025/2026 tax year. As a result, the Company has issued and allotted 5,489,670 new Ordinary Shares on 2 April 2026. In accordance with the allotment formula set out in the prospectus for the Offer, the offer prices at which the shares were issued were in the range of 46.58p to 49.30p per Ordinary Share and, as a result, the number of Ordinary Shares now in issue is 155,864,701. Therefore, the total number of voting rights in the Company is 155,864,701 and this may be used by Shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest, or a change to their interest, in the Company under the FCA's Disclosure Guidance and Transparency Rules.
In respect of this allotment, an application will be made by the Company to the London Stock Exchange for the new Ordinary Shares to be admitted to trading on the London Stock Exchange's main market for listed securities. It is expected that the admission of the new Ordinary Shares will become effective, and dealings will commence, on or around 8 April 2026.
This is the fourth and final allotment in respect of the 2025/2026 tax year. It is intended that an allotment in respect of applications for the 2026/2027 tax year will take place on 14 April 2026, with a final allotment taking place before 30 April 2026. The Company's Offer has, to date, received applications totalling £9,456,852 for both tax years.
For further information, please contact:
Maven Capital Partners UK LLP
Telephone: 0141 306 7400
E-mail: enquiries@mavencp.com
Maven Capital Partners UK LLP
Secretary
2 April 2026