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Proven VCT ( (GB:PVN) ) just unveiled an update.
ProVen VCT plc, a venture capital trust, announced the allotment of 2,676,069 ordinary shares at an average price of 63.98p per share. This allotment follows a subscription offer and is based on the latest net asset value adjusted for a recent dividend. The company plans to apply for these shares to be listed on the London Stock Exchange, and they will hold equal rank with existing shares. This increases the company’s total issued share capital to 284,472,113 ordinary shares, potentially enhancing its market presence and offering new opportunities for investors.
More about Proven VCT
Average Trading Volume: 770,318
Technical Sentiment Signal: Buy
See more insights into PVN stock on TipRanks’ Stock Analysis page.