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Oberon AIM VCT PLC Announces New Share Issuance to Raise Capital

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Oberon AIM VCT PLC Announces New Share Issuance to Raise Capital

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New Century AIM VCT 2 ( (GB:OVCT) ) has shared an announcement.

Oberon AIM VCT PLC operates within the financial sector, focusing on venture capital trusts that provide investment opportunities in small to medium-sized enterprises listed on the AIM market of the London Stock Exchange. The company has announced the issuance of 450,341 new ordinary shares at 26.6 pence per share, as part of an offer to raise up to £5 million, with an over-allotment option of an additional £3.4 million. This issuance increases the total number of shares to 6,845,667, impacting the company’s total voting rights and potentially influencing shareholder interest under regulatory guidelines.

More about New Century AIM VCT 2

Average Trading Volume: 4,523

Technical Sentiment Signal: Strong Sell

For a thorough assessment of OVCT stock, go to TipRanks’ Stock Analysis page.

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