Molten VCT targets annual tax-free dividends equal to 5.0% of NAV, subject to Board discretion and available distributable reserves.

Dividends are not guaranteed and past performance is not a guide to the future.

Capital is at risk. Tax reliefs depend on personal circumstances and may change. Dividends are not guaranteed.

The VCT pays cash dividends via BACS. Alternatively, you can choose to reinvest dividend payments and receive additional shares in the Company through the Dividend Reinvestment Scheme (DRIS).

Shareholders may elect to reinvest dividends into new shares. Newly issued shares should be eligible for upfront Income Tax relief (subject to prevailing HMRC rules and eligibility). You’ll need to claim any relief with HMRC, and shares count towards the annual VCT subscription limit.

To enrol in the Dividend Reinvestment Scheme with the Registrar please download and fill out the DRIS form and return it either by post to The City Partnership (UK) Limited, The Mending Rooms, Park Valley Mills, Meltham Road, Huddersfield HD4 7BH or a scanned signed copy to registrars@city.uk.com.  If you have any questions, please contact City Partnership by email or call 01484 240 910.

If you would like to be removed from the Dividend Reinvestment Scheme, you can send a letter of instruction (which includes your full name, address and the company you hold shares in) to The City Partnership (UK) Limited, The Mending Rooms, Park Valley Mills, Meltham Road, Huddersfield HD4 7BH or scanned signed copy to registrars@city.uk.com

The boards intend to buy back shares at up to a 5% discount to the prevailing NAV. This is not guaranteed. Please refer to offer documents for details. Historically, the VCT has sought to buy back shares at a 5% discount to the previously published NAV.