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Praetura Growth VCT PLC ( (GB:PGV) ) has issued an update.
Praetura Growth VCT PLC announced that its investment manager, Praetura Ventures Limited, plans to merge with Par Equity Group and Praetura Investments Limited to form a new entity, PXN Group, pending regulatory approval. This merger aims to enhance investment opportunities and improve access to regional SMEs, potentially strengthening the company’s market position and benefiting stakeholders by expanding its investment reach.
More about Praetura Growth VCT PLC
Praetura Growth VCT PLC operates in the venture capital industry, focusing on providing investment and financial support to small and medium-sized enterprises (SMEs) in regional markets. The company collaborates with Praetura Ventures Limited to manage its investment strategies and offerings.
Technical Sentiment Signal: Hold
See more insights into PGV stock on TipRanks’ Stock Analysis page.