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An announcement from Blackfinch Spring VCT Plc ( (GB:BFSP) ) is now available.
Blackfinch Spring VCT plc has announced the allotment of 4,592,057 Ordinary Shares as part of an Offer for Subscription, aiming to raise up to £20 million, with an additional over-allotment facility for another £20 million. The subscription prices for these shares ranged from 103.62p to 108.51p. Following this allotment, the total number of Ordinary Shares in issue is 57,262,319, which also represents the total voting rights in the company. The shares are set to be admitted to the Official List of the Financial Conduct Authority and to trading on the London Stock Exchange’s main market, with dealings expected to commence on or around 28 March 2025. This move is significant for shareholders as it provides a clear denominator for calculating their interests under the FCA’s Disclosure Guidance and Transparency Rules.
More about Blackfinch Spring VCT Plc
YTD Price Performance: 2.59%
Average Trading Volume: 150
Technical Sentiment Signal: Sell
Current Market Cap: £50.18M
For detailed information about BFSP stock, go to TipRanks’ Stock Analysis page.