The Board of Maven Income and Growth VCT PLC recommended a final dividend of 3.5 pence per ordinary share for the year ended February 28, 2015, comprising 0.7 pence of revenue and 2.8 pence of capital, be paid on July 17, 2015 to shareholders on the register at June 19, 2015. This would bring total dividends for the year to 5.9 pence per share, an increase of 3.5% over the prior year, representing a yield of 9.3% based on the year end closing mid-market share price of 63.5 pence.

The company's Directors have been considering the matter of Board constitution and, as a result, Sir Charles Stuart-Menteth Bt has indicated that he will stand down and not seek re-election at the Annual General Meeting (AGM) to be held on 9 July 2015. It is intended that Fiona Wollocombe will replace Sir Charles as Chairman of the Remuneration Committee.