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Octopus AIM VCT ( (GB:OOA) ) has provided an announcement.
Octopus AIM VCT plc has announced the issuance and allotment of 3,920,873 Ordinary Shares as part of a joint offer with Octopus AIM VCT 2 plc to raise £20 million, with an additional £10 million over-allotment facility, in the 2024/2025 and 2025/2026 tax years. This issuance aligns with the company’s strategy to expand its capital base and enhance its investment capacity, potentially impacting its market positioning and shareholder dynamics by adjusting total voting rights to 229,598,944 Ordinary Shares.
More about Octopus AIM VCT
Octopus AIM VCT plc operates within the financial services industry, focusing on venture capital trust investments. The company offers various financial products aimed at raising capital for growth-oriented small and medium-sized enterprises, primarily targeting investors seeking tax-efficient investment opportunities.
YTD Price Performance: -0.91%
Average Trading Volume: 28,200
Technical Sentiment Consensus Rating: Buy
Find detailed analytics on OOA stock on TipRanks’ Stock Analysis page.
