Albion Technology & General VCT (GB:AATG) has released an update.
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Albion Technology & General VCT has announced a slight decline in its net asset value to £140.2 million as of September 2024, alongside a proposed merger with Albion KAY VCT PLC aimed at cost savings and simplified operations. The company is also planning a significant fundraising effort, seeking to raise up to £30 million through a new subscription offer. Notably, they continue to invest in diverse technology and healthcare sectors, reflecting their strategic focus on innovative growth opportunities.
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