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Baronsmead Venture ( (GB:BVT) ) has shared an update.
Baronsmead Venture Trust plc announced the allotment of 16,271,660 Ordinary Shares as part of a subscription offer to raise up to £30 million, with an option to raise a further £20 million. The shares were issued at an average price of 53.13 pence, and the new shares will start trading on the London Stock Exchange on 26 February 2025. This move increases the total voting rights in the company, potentially impacting shareholder notifications and interest calculations.
More about Baronsmead Venture
Baronsmead Venture Trust plc operates in the investment industry, focusing on venture capital investments. The company primarily provides financial backing to growing businesses, helping them expand and innovate within their respective markets.
YTD Price Performance: -1.92%
Average Trading Volume: 56,543
Technical Sentiment Consensus Rating: Buy
For a thorough assessment of BVT stock, go to TipRanks’ Stock Analysis page.
