Maven Income & Growth VCTs - venture capital trusts - Maven Income & Growth VCT 3 PLC receives applications for £9.2 million worth of new shares ranging from 62.55 pence to 65.33p, as part of the early investment incentive period of the share offer it launched back in September.

Maven Income & Growth VCT 4 PLC similarly receives applications for £9.5 million worth at 74.65p to 75.64p. The two VCTs are looking to raise up to £10 million each, plus both have over-allotment facilities of up to £10 million. Maven Income & Growth VCT 3 Director William Nixon buys 159,872 VCT 3 shares at 62.55p, worth £100,000.

VCT 3 current stock price: 58.50p

12-month change: up 13%

VCT 4 current stock price: 70.00p

12-month change: up 11%

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