Octopus AIM VCT 2 (GB:OSEC) has released an update.
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Octopus AIM VCT 2 has announced the issuance of 9,394,966 new ordinary shares priced at 43.9p each, as part of a joint offer to raise £20 million, with a £10 million over-allotment facility. The shares are expected to begin trading on the London Stock Exchange by mid-November 2024, increasing the company’s total voting rights to 194,568,705 shares. This move is aimed at strengthening the company’s capital structure and offering investors a new opportunity to engage with the market.
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