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Praetura Growth VCT Expands Share Capital with New Allotment

Story Highlights
  • Praetura Growth VCT allotted 715,453 new shares, raising funds at prices near net asset value.
  • Total voting shares increased to 8.1 million, with new shares set to list on the LSE soon.
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Praetura Growth VCT Expands Share Capital with New Allotment

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Praetura Growth VCT PLC ( (GB:PGV) ) has issued an announcement.

Praetura Growth VCT plc has allotted 715,453 new ordinary shares under its ongoing offer for subscription, which seeks to raise up to £10 million with an additional £10 million over-allotment capacity. The new shares were priced between 99.33p and 100.34p, based on the latest published net asset value of 99.33p per share, reflecting demand from investors ahead of the 2025/26 tax year.

Following this allotment, the company’s total shares in issue and voting rights have risen to 8,112,436, providing a new reference point for shareholders’ disclosure obligations. The newly issued shares are expected to be admitted to trading on the London Stock Exchange around 18 February 2026, which will enhance liquidity for investors and support the trust’s ability to deploy fresh capital into its growth investment strategy.

More about Praetura Growth VCT PLC

Praetura Growth VCT plc is a UK-listed venture capital trust that raises funds from investors to back early-stage and growth companies. Its shares trade on the London Stock Exchange’s main market, offering investors exposure to a diversified portfolio of growth-focused investments with associated VCT tax advantages.

Technical Sentiment Signal: Hold

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

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