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Downing ONE VCT ( (GB:FVEN) ) has provided an announcement.
Foresight Ventures VCT PLC, a company involved in venture capital trusts, announced the issuance of 235,019 Ordinary Shares under its Dividend Reinvestment Scheme at a price of 96.5p per share. This move is part of the company’s strategy to enhance shareholder value by reinvesting dividends into equity. The newly allotted shares are set to be admitted to the Official List of the UK Listing Authority and traded on the London Stock Exchange, increasing the total number of shares in issue to 106,317,317. This development reflects the company’s commitment to providing growth opportunities for its investors.
More about Downing ONE VCT
YTD Price Performance: 1.05%
Average Trading Volume: 130,967
Technical Sentiment Consensus Rating: Buy
See more data about FVEN stock on TipRanks’ Stock Analysis page.