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Octopus Apollo VCT Expands Equity with New Share Issuance

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Octopus Apollo VCT Expands Equity with New Share Issuance

Elevate Your Investing Strategy:

The latest update is out from Octopus Apollo VCT ( (GB:OAP3) ).

Octopus Apollo VCT plc has issued 257,605 new ordinary shares at a price of 49.2p per share, aligning with the current net asset value. This issuance is part of a strategy to accommodate investors who opted for a reduced adviser charge since the Retail Distribution Review. The new shares will be listed on the London Stock Exchange, with trading expected to begin on or around May 20, 2025. This move increases the company’s total share capital to 1,057,559,973, impacting shareholder calculations under FCA rules.

More about Octopus Apollo VCT

Average Trading Volume: 857

Technical Sentiment Signal: Strong Buy

See more insights into OAP3 stock on TipRanks’ Stock Analysis page.

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