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Blackfinch Spring VCT Plc Expands Share Allotment to Boost Capital

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Blackfinch Spring VCT Plc Expands Share Allotment to Boost Capital

Elevate Your Investing Strategy:

Blackfinch Spring VCT Plc ( (GB:BFSP) ) has shared an update.

Blackfinch Spring VCT Plc has announced the allotment of nearly 2 million Ordinary Shares as part of a subscription offer, aiming to raise up to £20 million with an additional over-allotment facility of the same amount. This move increases the total number of voting rights to over 52 million, with plans for the shares to be listed on the London Stock Exchange, potentially enhancing the company’s market presence and providing liquidity for investors.

More about Blackfinch Spring VCT Plc

Blackfinch Spring VCT Plc operates in the financial services industry, focusing on venture capital trust investments. The company primarily offers investment opportunities in early-stage companies, providing capital for growth and development.

Average Trading Volume: 150

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £44.71M

See more insights into BFSP stock on TipRanks’ Stock Analysis page.

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