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An update from New Century AIM VCT 2 ( (GB:OVCT) ) is now available.
Oberon AIM VCT plc has issued 371,058 new ordinary shares at 27.35 pence per share under its ongoing subscription offer, bringing the total number of shares issued under that offer to 2,304,827. The pricing was set with reference to the last reported net asset value of 26.67 pence per share, adjusted to reflect offer costs.
The new shares are expected to be admitted to the FCA’s Official List and start trading on the London Stock Exchange around 13 February 2026, ranking pari passu with existing stock. Following this issuance, the company’s total share capital will rise to 7,443,071 ordinary shares, a new baseline for calculating shareholder voting rights and disclosure thresholds.
The most recent analyst rating on (GB:OVCT) stock is a Hold with a £26.00 price target. To see the full list of analyst forecasts on New Century AIM VCT 2 stock, see the GB:OVCT Stock Forecast page.
Spark’s Take on GB:OVCT Stock
According to Spark, TipRanks’ AI Analyst, GB:OVCT is a Neutral.
Overall score is held back primarily by weak financial performance, driven by sustained losses since 2022 and consistently negative operating/free cash flow, despite a debt-free balance sheet. Technicals are supportive due to an upward trend, but extremely overbought RSI reduces confidence near term. Valuation support comes mainly from the high dividend yield, while missing P/E data limits the valuation assessment.
To see Spark’s full report on GB:OVCT stock, click here.
More about New Century AIM VCT 2
Oberon AIM VCT plc is a UK-listed venture capital trust that invests in smaller, growth-focused companies quoted on London’s AIM market and related segments. As a VCT, it provides investors with exposure to early-stage and expanding businesses while offering associated tax-efficient investment structures under UK regulation.
Average Trading Volume: 10,128
Technical Sentiment Signal: Sell
For an in-depth examination of OVCT stock, go to TipRanks’ Overview page.