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Oberon AIM VCT PLC Issues New Equity to Raise Capital

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Oberon AIM VCT PLC Issues New Equity to Raise Capital

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

Oberon AIM VCT PLC, a venture capital trust, announced the issuance of 452,999 new ordinary shares as part of its subscription offer to raise up to £5 million, with the potential to extend to £3.4 million more. These shares, priced at 27.98 pence each, will be admitted to the London Stock Exchange, increasing the total voting rights to 6,027,402, which shareholders can use to assess changes in their share capital interests.

More about New Century AIM VCT 2

YTD Price Performance: -46.97%

Average Trading Volume: 5,000

Technical Sentiment Signal: Strong Buy

Learn more about OVCT stock on TipRanks’ Stock Analysis page.

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