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Octopus AIM VCT ( (GB:OOA) ) has shared an announcement.
Octopus AIM VCT plc has announced the issuance and allotment of 8,893,138 Ordinary Shares as part of its joint offer with Octopus AIM VCT 2 plc to raise £20 million, with an additional over-allotment facility of £10 million, for the 2024/2025 and 2025/2026 tax years. The shares, priced at 52.2p each, are set to be admitted to the Financial Conduct Authority’s Official List and traded on the London Stock Exchange. This issuance increases the company’s total share capital to 235,997,850 Ordinary Shares, impacting shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.
More about Octopus AIM VCT
Octopus AIM VCT plc operates in the financial services industry, focusing on venture capital trusts. The company primarily offers investment opportunities in small to medium-sized UK companies, aiming to provide investors with tax-efficient investment options.
YTD Price Performance: -4.16%
Average Trading Volume: 49,054
Technical Sentiment Signal: Strong Buy
For a thorough assessment of OOA stock, go to TipRanks’ Stock Analysis page.