Maven Income and Growth VCT 3 PLC said on Wednesday it had admitted 510,459 new ordinary shares to trading on the London Stock Exchange’s Main Market.
The new shares, each with a nominal value of 10 pence, are fully fungible with the company’s existing ordinary shares. Following the admission, the total number of ordinary shares in issue rose to 155,973,423, the company said.
The shares were allotted under the company’s Dividend Investment Scheme, a mechanism that allows investors to reinvest dividends in additional shares rather than receiving cash payments. The new shares carry the International Securities Identification Number GB0031153769.
The admission was disclosed in compliance with The Public Offers and Admissions to Trading Regulations 2024 (POATRs) PRM 1.6.4R. The company did not provide further details on the purpose of the issuance or its impact on shareholders.
