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Praetura Growth VCT Expands Capital Base With New Share Allotment

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Praetura Growth VCT Expands Capital Base With New Share Allotment

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Praetura Growth VCT PLC ( (GB:PGV) ) just unveiled an announcement.

Praetura Growth VCT plc has allotted 354,621 new ordinary shares under its ongoing share offer, which seeks to raise up to £10 million with an additional £10 million over-allotment facility, at prices ranging from 99.33p to 100.34p per share based on the latest net asset value of 99.33p. The issuance increases the company’s total shares in issue and voting rights to 7,396,983 and the new shares are expected to commence trading on the London Stock Exchange’s main market around 21 January 2026, providing additional growth capital for the VCT and clarifying the denominator investors must use for regulatory disclosure of shareholdings.

More about Praetura Growth VCT PLC

Praetura Growth VCT plc is a UK-listed venture capital trust that raises funds from investors to back high-growth, early-stage and scale-up businesses, offering exposure to a diversified portfolio of unquoted and smaller quoted companies while providing investors with the associated tax advantages of the VCT structure within the UK market.

Technical Sentiment Signal: Hold

Current Market Cap: £3.02M

Find detailed analytics on PGV stock on TipRanks’ Stock Analysis page.

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