Hargreave Hale AIM VCT PLC Announces Allotment of New Shares

The latest announcement is out from Hargreave Hale AIM VCT 1 ( (GB:HHV) ).

Hargreave Hale AIM VCT PLC has announced the allotment of 95,512 new ordinary shares as part of its ongoing offer to raise up to £20 million. The shares were allotted at a price of 37.01 pence each, based on the net asset value per share, and are expected to be admitted to trading on the London Stock Exchange on or around 13 June 2025. This issuance increases the total number of ordinary shares to 371,982,460, impacting shareholder voting rights and allowing for settlement through CREST.

Spark’s Take on GB:HHV Stock

According to Spark, TipRanks’ AI Analyst, GB:HHV is a Neutral.

The overall score is influenced by the company’s financial difficulties, particularly in income generation and cash flow. Technical indicators suggest ongoing bearish trends, while valuation is negatively impacted by losses despite a high dividend yield. Corporate events add some stability, but the overall outlook remains challenging.

To see Spark’s full report on GB:HHV stock, click here.

More about Hargreave Hale AIM VCT 1

Average Trading Volume: 49,735

Technical Sentiment Signal: Strong Sell

For detailed information about HHV stock, go to TipRanks’ Stock Analysis page.