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Triple Point Venture VCT Boosts Share Capital and Brings Forward Offer Closure

Story Highlights
  • Triple Point Venture VCT issued over 4 million new shares, lifting total share capital to about 129 million Venture Shares.
  • The company will close its current share offer earlier than planned, reflecting strong demand and nearing over-allotment capacity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Triple Point Venture VCT Boosts Share Capital and Brings Forward Offer Closure

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An update from Triple Point VCT 2011 PLC ( (GB:TPV) ) is now available.

Triple Point Venture VCT has allotted 4,006,956 new Venture Shares at an average price of 93.308 pence each under its ongoing subscription offer, bringing its issued share capital to 129,278,826 Venture Shares, which will be admitted to the Official List around 1 April 2026. The board plans to close the current offer after a final allotment on 10 April 2026, slightly earlier than previously indicated, signaling strong demand and approaching capacity in the over-allotment facility for the 2026/27 tax year.

More about Triple Point VCT 2011 PLC

Triple Point Venture VCT plc is a UK-listed venture capital trust focused on funding small and medium-sized enterprises. Established in 2010, it is managed by Triple Point Investment Management LLP and targets growth companies through tax-efficient venture capital structures for investors.

Average Trading Volume: 27,183

Technical Sentiment Signal: Strong Buy

Learn more about TPV stock on TipRanks’ Stock Analysis page.

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