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The latest update is out from Baronsmead Second Venture ( (GB:BMD) ).
Baronsmead Second Venture Trust PLC announced the allotment of 1,097,349 new ordinary shares as part of its subscription offer, which aimed to raise up to £30 million, with an additional £20 million available through over-allotment. The shares were issued at an average price of 55.98 pence and are expected to be admitted to trading on the London Stock Exchange by 25 June 2025. This move increases the total number of ordinary shares to 464,333,731, enhancing the company’s capital base and potentially impacting shareholder voting rights.
More about Baronsmead Second Venture
Baronsmead Second Venture Trust PLC operates in the financial services industry, focusing on venture capital trusts. The company provides investment opportunities primarily through the issuance of shares and aims to raise capital for further investments.
Average Trading Volume: 15,411
Technical Sentiment Signal: Buy
See more data about BMD stock on TipRanks’ Stock Analysis page.