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Amati AIM ( (GB:MRV) ) has shared an announcement.
Maven Renovar VCT PLC has carried out a share buy-back, purchasing 132,351 of its own ordinary shares for cancellation at 57p per share. Following this transaction, the company’s issued share capital stands at 141,193,202 ordinary shares of 5p each, with every share carrying one voting right.
The reduction in the number of shares in issue marginally enhances the proportional ownership and voting power of remaining shareholders. The updated share capital figure also serves as the new reference denominator for investors assessing whether they must disclose holdings or changes in holdings under the Financial Conduct Authority’s transparency rules.
More about Amati AIM
Maven Renovar VCT PLC is a UK-listed venture capital trust focused on providing equity capital to smaller, growth-focused companies. As an investment vehicle managed by Maven Capital Partners UK LLP, it offers investors exposure to a diversified portfolio of unlisted and AIM-quoted businesses, with associated tax-efficient benefits typical of VCT structures in the UK market.
Average Trading Volume: 28,982
Technical Sentiment Signal: Sell
Find detailed analytics on MRV stock on TipRanks’ Stock Analysis page.