October 01, 2014 8:23 PM ET

Capital Markets

Company Overview of Maven Income and Growth VCT 2 PLC

Company Overview

Maven Income and Growth VCT 2 PLC is a venture capital trust specializing in later stage investment private companies. It does not invest in hostile public to private transactions. The fund primarily provides investments in smaller unquoted and AIM listed companies based in the United Kingdom. It does not invest more than £1 million ($1.65 million) in any company in one year and no more than 15 percent of the company’s assets by cost in one business at any time. The fund invests up to 3 percent of its assets in one company. The fund seeks to take a non-executive board seat on its investee companies. It can co-invest with other funds of Maven Capital for larger deals.

205 West George Street

West George Street

Glasgow,  G2 2LW

United Kingdom

Founded in 2001

Key Executives for Maven Income and Growth VCT 2 PLC

Maven Income and Growth VCT 2 PLC does not have any Key Executives recorded.

Maven Income and Growth VCT 2 PLC Key Developments

Maven Income and Growth VCT 2 PLC Declares Interim Dividend for the Six Months Ended July 31, 2014, Payable on October 31, 2014

The board of Maven Income and Growth VCT 2 PLC declared an interim dividend of 1.85 pence per share for the six months ended July 31, 2014, to be paid on October 31, 2014 to Shareholders on the register at October 10, 2014.

Maven Income and Growth VCT 2 PLC Reports Unaudited Earnings Results for the Six Months Ended July 31, 2014

Maven Income and Growth VCT 2 PLC reported unaudited earnings results for the six months ended July 31, 2014. For the period, the company reported net return on ordinary activities before taxation of £362,000 compared to £23,000 a year ago. Return attributable to equity shareholders was £362,000 or 0.76 pence per share compared to £23,000 or 0.08 pence per share a year ago. Net asset value per ordinary share was 59.2 pence compared to 56.9 pence a year ago. Net cash outflow from operating activities was £566,000 compared to £50,000 a year ago. Purchase of investments was £4,775,000 compared to £5,430,000 a year ago.

Maven Income and Growth VCT 2 PLC Announces Final Dividend, Payable on June 20, 2014

Maven Income and Growth VCT 2 PLC announced final dividend of 2.00 pence per Ordinary Share approved for payment on June 20, 2014.

Recent Private Companies Transactions

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Date
Target
No transactions available in the past 12 months.
 

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To contact Maven Income and Growth VCT 2 PLC, please visit www.mavencp.com/venture-capital-trusts/our-vct-range/migvct2. Company data is provided by Capital IQ. Please use this form to report any data issues.

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