Issue of Equity.

Maven Income and Growth VCT PLC (the Company)

Issue of Equity

On 27 September 2024, the Company launched an offer for subscription for new ordinary shares of 10p each (Ordinary Shares) to raise up to £5 million, with an over-allotment facility for up to a further £5 million (the Offer).

Pursuant to the Offer, and in respect of the 2025/2026 tax year, £553,430 of valid applications were received in the period from 27 September 2024 up to the close of the Offer on 27 March 2025. This is the first and final allotment in respect of the 2025/2026 tax year and, as a result, the Company has issued and allotted 1,376,139 new Ordinary Shares on 6 May 2025. 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 39.37p to 40.39p per Ordinary Share and, as a result, the number of Ordinary Shares now in issue is 183,107,666. Therefore, the total number of voting rights in the Company is 183,107,666.

The total funds raised by the Company for the 2024/2025 and the 2025/2026 tax years was £10,000,000.

In respect of this allotment, an application will be made by the Company to the FCA and to the London Stock Exchange for the new Ordinary Shares so issued to be admitted to the Official List and 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 May 2025.

The above statement of Voting Capital 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.

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

6 May 2025