Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Octopus Apollo VCT ( (GB:OAP3) ) has shared an announcement.
Octopus Apollo VCT plc has issued and allotted 27,599,086 new ordinary shares at 51.6p each under its latest offer for subscription, part of a fundraising programme to raise up to £75 million with an additional £25 million over-allotment capacity across the 2025/26 and 2026/27 tax years. The new shares, which include an allocation to director Christopher Powles, will be admitted to the FCA’s Official List and to trading on the London Stock Exchange’s main market, bringing the company’s total issued share capital and voting rights to 1,102,652,664 and providing an updated reference point for investors assessing disclosure thresholds under the FCA’s transparency rules.
More about Octopus Apollo VCT
Octopus Apollo VCT plc is a UK-listed venture capital trust that invests in a diversified portfolio of smaller, growth-oriented companies, providing shareholders with exposure to tax-efficient investment in unquoted and AIM-listed businesses. Its shares trade on the London Stock Exchange, and it operates under the UK’s venture capital trust regime, targeting long-term capital growth and income for investors.
Average Trading Volume: 1,950,838
Technical Sentiment Signal: Buy
See more insights into OAP3 stock on TipRanks’ Stock Analysis page.