Triple Point VCT 2011 PLC (GB:TPV) has released an update.
Triple Point Venture VCT plc has launched a new offer to raise £10 million through the issuance of venture ordinary shares, with the potential to increase to £30 million if oversubscribed. The offer, managed by Triple Point Investment Management LLP, includes an agreement that will see the fund manager receiving a Promoter Fee of up to 5.5% of the total accepted applications. This funding initiative, aimed at supporting SMEs, is now open and set to close on July 31, 2025, unless the subscription cap is reached sooner.
For further insights into GB:TPV stock, check out TipRanks’ Stock Analysis page.
