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Triple Point VCT 2011 PLC ( (GB:TPV) ) has issued an announcement.
Triple Point Venture VCT plc has published a supplementary prospectus for its current offer for subscription, which targets capital raising across the 2025/2026 and 2026/2027 tax years. The documents are available via the Financial Conduct Authority’s National Storage Mechanism and on the Triple Point website for investor access and review.
In response to strong investor demand, the Board has decided to increase the size of the offer to £10 million with an enlarged over-allotment facility of £35 million. This expansion underscores robust appetite for the trust’s strategy of backing small and medium-sized enterprises and may enhance its capacity to deploy capital into its venture portfolio, potentially broadening its market footprint in the VCT segment.
More about Triple Point VCT 2011 PLC
Triple Point Venture VCT plc is a UK-listed Venture Capital Trust established in 2010 to provide funding to small and medium-sized enterprises. Managed by Triple Point Investment Management LLP, it focuses on investing in growth-oriented SMEs under the VCT framework, offering tax-efficient exposure to venture-stage and developing businesses for UK investors.
Average Trading Volume: 6,606
Technical Sentiment Signal: Strong Buy
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