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Hargreave Hale AIM VCT PLC Announces Allotment of New Shares

Story Highlights
  • Hargreave Hale AIM VCT PLC allotted 541,800 new shares to raise £20 million.
  • The new shares will be listed on the London Stock Exchange, increasing total shares to 372,927,187.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hargreave Hale AIM VCT PLC Announces Allotment of New Shares

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Hargreave Hale AIM VCT 1 ( (GB:HHV) ) has shared an update.

Hargreave Hale AIM VCT PLC has announced the allotment of 541,800 new Ordinary Shares as part of its offer to raise up to £20 million. The shares were allotted at a price of 36.49 pence each, based on the net asset value of an Ordinary Share. The new shares are expected to be admitted to the London Stock Exchange on or around 5 August 2025, increasing the total number of shares to 372,927,187. This issuance will impact the company’s market operations by increasing its share capital and potentially affecting shareholder voting rights.

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: 33,492

Technical Sentiment Signal: Sell

For an in-depth examination of HHV stock, go to TipRanks’ Overview page.

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