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The views and opinions expressed herein are those of the authors and do not necessarily reflect the views of LightTower Partners and its affiliates or employees. The information set forth herein has been obtained or derived from sources believed by the authors to be reliable. LightTower Partners does not make any representation or warranty, express or implied, as to the information's accuracy or completeness, nor does the author recommend that the attached information serve as the basis of any investment decision and it has been provided to you solely for informational purposes only and does not constitute an offer or solicitation of an offer, or any advice or recommendation, to purchase any securities or other financial instruments, and may not be construed as such.

Category: Uncategorised

28 Mar 2024

Pembroke VCT declares dividends

Pembroke VCT has announced an interim dividend of 2p per share to be paid on 23 April 2024.   All new applications for the current offer received by 18 March 2024 will qualify for the dividend. Read the full RNS announcement here. As well as the announced 2p dividend for the 2025 financial year, Pembroke VCT has also paid 27p per share […]

Pembroke VCT has announced an interim dividend of 2p per share to be paid on 23 April 2024.  

All new applications for the current offer received by 18 March 2024 will qualify for the dividend. Read the full RNS announcement here.

As well as the announced 2p dividend for the 2025 financial year, Pembroke VCT has also paid 27p per share over the previous 5 financial years.
Pembroke VCT pays tax free dividends, having paid out at least 5p per year in each of the last 4 years. One in four of its portfolio companies are individually valued at £50 million or more.

Pembroke Offer now half full

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28 Mar 2024

Maven VCT’s trigger over-allotment facilities

There is limited time remaining for your clients to invest in Maven VCTs’ joint Offers. With only 1 week to go until tax year end, the deadline for receipt of applications and cleared funds for allotment in the 2023/24 tax year is 9am on Friday 5 April 2024. Due to ongoing investor demand, after surpassing the initial £20m target, the […]

There is limited time remaining for your clients to invest in Maven VCTs’ joint Offers. With only 1 week to go until tax year end, the deadline for receipt of applications and cleared funds for allotment in the 2023/24 tax year is 9am on Friday 5 April 2024.

Due to ongoing investor demand, after surpassing the initial £20m target, the Maven VCTs have announced the use of their over-allotment facilities. There is now remaining capacity in all VCTs, as the Maven VCTs can accept further applications up to an increased £30m capacity.

  • Applicants or their advisers are able to use a single application to invest in any or all of the VCTs for both the 2023/24 and 2024/25 tax years, and can also apply quickly and conveniently online.

The terms and conditions of the offer are set out in the Securities Note.

About Maven Capital Partners

  • Manage c.£691 million* in aggregate, including funds, on behalf of the four VCTs and other private equity and property assets
  • One of the most active managers in the VCT industry, with 41 new private company investments completed since January 2020¹
  • Four established VCT portfolios of c.60 private companies each, broadly diversified by sector and geography, plus an AIM portfolio of 20 – 40² companies per VCT
  • History of regular tax-free dividend payments, and a target 5% dividend yield

 

 

 

 

Maven VCTs are intended for UK taxpayers aged 18 or over with an investment horizon of five or more years and who are able to bear up to 100% capital loss and with a medium to high risk tolerance. Investors in Maven VCT will generally be informed investors with either experience in investing in VCTs or with a knowledge and understanding of the risks involved.

Sources: Maven Capital Partners. *As at 31/12/2023 (Value of assets managed by Maven Capital Partners and Maven Property Investment Limited). ¹As at 01/01/2024. ²As at the most recently published accounts. ³Average dividend payments over past five full financial years as at 01/01/2024. 4Based on dividends paid or declared for most recent financial year, and previous year-end NAV per share. The payment of dividends is not guaranteed, and historical levels are no indication or forecast of likely future dividend levels. The quantum and timing of dividends are likely to be closely linked to portfolio realisations.

Past performance is not a guide to future performance; the value of an investment and income from it can go down as well as up. Your capital is at risk. 

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19 Mar 2024

Maven Capital Partners’ Ewan MacKinnon reveals growth opportunities in vibrant UK sectors

The interview explores Maven Capital Partners’ Ewan MacKinnon’s insights on investment opportunities and risks across different sectors for investors.

The interview explores Maven Capital Partners’ Ewan MacKinnon’s insights on investment opportunities and risks across different sectors for investors.

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18 Oct 2018

LightTower Partners at PA360 North: ‘Meet VCT managers and look into their eyes’

Advisers wanting to invest in VCTs for clients need to look past due diligence forms and meet fund managers in person to dig deeper into the detail, Jack Rose told delegates at the PA360 North conference. Click here to read the full article. For further information on the range of tax efficient products we distribute, […]

Advisers wanting to invest in VCTs for clients need to look past due diligence forms and meet fund managers in person to dig deeper into the detail, Jack Rose told delegates at the PA360 North conference. Click here to read the full article.

For further information on the range of tax efficient products we distribute, please click here.

If you have any question please send us an email or call us on 020 7071 3920.

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9 Oct 2018

Jack Rose: VCT and EIS investors are living in interesting times

LightTower Partners’ Head of Tax- efficient products, Jack Rose, considers the current dichotomy in the tax-advantaged sector – despite the overwhelming availability of EIS there is actually a reduction in demand from advisers, while VCTs now face the opposite issue. Click here to read the full article. For further information on the range of tax […]

LightTower Partners’ Head of Tax- efficient products, Jack Rose, considers the current dichotomy in the tax-advantaged sector – despite the overwhelming availability of EIS there is actually a reduction in demand from advisers, while VCTs now face the opposite issue.

Click here to read the full article.

For further information on the range of tax efficient product we distribute please click here, or send us an email or give us a call on 020 7071 3920.

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24 Sep 2018

Conference Call with Pembroke VCT’s Andrew Wolfson

We recently hosted a conference call with Pembroke VCT’s  Managing Director Andrew Wolfson. Click here to listen to the recording. For more information on the Pembroke VCT please click here or call 020 7071 3920.

We recently hosted a conference call with Pembroke VCT’s  Managing Director Andrew Wolfson.

Click here to listen to the recording.

For more information on the Pembroke VCT please click here or call 020 7071 3920.

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13 Sep 2018

Maven Income & Growth VCT Shortlisted for Investment Company of the Year Award

We are pleased to announce that Maven Income & Growth VCT has been shortlisted for the Investment Week Investment Company of the Year Awards 2018.  These awards highlight investment companies that produce consistent performance and where there is, in the judges’ opinion, a high likelihood that the investors will not be disappointed in the future. Click […]

We are pleased to announce that Maven Income & Growth VCT has been shortlisted for the Investment Week Investment Company of the Year Awards 2018. 

These awards highlight investment companies that produce consistent performance and where there is, in the judges’ opinion, a high likelihood that the investors will not be disappointed in the future.

Click here to read the full article.

For more information on the VCT and the current Offer, please send us an email or call us on 020 7071 3920.

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Please do not hesitate to get in touch for further information on LightTower Partners or on the investment products we distribute.

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