VCT Performance



Please click on image below to enlarge view:


Popular posts from this blog

Reasons why to support the Requisitioners & Voting recommendations for both General Meetings on 13 August 2025

Image
Shareholders will be aware that the Company’s directors decided to change the manager from Amati Global Investors to Maven Capital Partners (“Maven”) without allowing shareholders a vote on the matter. Integral to this move was their recommended change of strategy which would result in the majority of new investments being made in unquoted companies. This change was put to shareholders at the Company’s AGM in June, when shareholders decisively rejected the current Board’s proposal. In addition, shareholders voted against the re-election of the current directors.  Reasons why to support the Requisitioners We believe that the current Board’s proposal to make new qualifying investments in unquoted companies, which are usually illiquid for 3-10 years, is not in shareholders’ best interests. It does not reflect the degree to which shareholders in the Company have passed the five-year holding period for their investment. This risks creating a classic liquidity mismatch in the long run. I...
Read more

Shareholders call for a new Board to be elected to Maven Renovar VCT

  Monday 30 th June 2025     MAVEN RENOVAR VCT PLC (‘the Company’) Shareholders call for a new Board to be elected to Maven Renovar VCT     A group of shareholders representing more than 5% of the shareholder base has today filed a notice under Section 303 of the Companies Act 2006 (“S303”) communication with the Board of Maven Renovar VCT plc, which requires the Company to hold a General Meeting to elect a board of newly proposed directors. The letter comes in the wake of the Company’s recent Annual General Meeting (“AGM”) (19 June), when shareholders voted against the re-election of the Board and rejected the Board’s proposal to alter the Trust’s investment strategy. With the shareholder vote at this year’s AGM more than three times higher than the average seen at the Company’s AGMs over the course of the last seven years, this was a very clear message from shareholders. In sending through a S303 request, the dissenting shareholders have the right...
Read more

Letter to the Maven Renovar VCT Board

It is with some disappointment  that we note you have not published the responses to the questions sent to myself and the other proposed Directors on 27 July to which we responded in full and timeously. Likewise, you have chosen not to publish our response to the Circular which as we have stated before we believe to be unfair and not in the Shareholders best interests. We would request that you show the same courtesy we afforded you in responding to our questions and  respond to the undernoted four questions without delay i)          How much shareholder money have you spent on fighting the requisitioners, and do you not see a conflict of interest here, given that your campaign is seeking your own re-instatement as directors when you were voted off at the Annual General Meeting? ii)         Why do you think it is so important for the VCT to make further qualifying investments when it has no requirement under the VCT rules...
Read more