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Income & Growth VCT plc Class S ( (GB:GHV1) ) has shared an update.
Gresham House Income & Growth VCT plc has completed a significant share allotment under its latest offer for subscription, issuing 44,745,151 new ordinary shares at an average price of 61.71 pence, based on the 28 February 2026 net asset value. Following this issue, the company’s share capital rises to 361,717,741 voting shares, with the new stock expected to begin trading on the London Stock Exchange’s main market on 7 April 2026 and ranking pari passu with existing shares.
The offer, launched alongside Gresham House Income & Growth 2 VCT plc, has now closed to further applications, having raised gross proceeds of £27.61 million, or £26.69 million after expenses, strengthening the VCT’s capital base for future investments in its target market. The enlarged capital and confirmed admission to trading clarify the denominator for shareholders’ disclosure thresholds and underline continued investor appetite for VCT products amid sustained interest in UK tax-efficient growth investing.
More about Income & Growth VCT plc Class S
Gresham House Income & Growth VCT plc is a UK-listed venture capital trust investing in smaller, growth-oriented companies, providing investors with exposure to a diversified portfolio of unquoted and AIM-traded businesses. The trust is managed by Gresham House Asset Management and targets income and capital growth within the UK’s tax-advantaged VCT framework.
Average Trading Volume: 33,291
Technical Sentiment Signal: Hold
See more insights into GHV1 stock on TipRanks’ Stock Analysis page.