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Triple Point VCT 2011 PLC ( (GB:TPV) ) just unveiled an update.
Triple Point Venture VCT plc has issued 424,729 new Venture Shares of 1p each at 90.67p per share to investors who opted to reinvest their interim dividend under the company’s Dividend Reinvestment Scheme. This step modestly increases the company’s equity base and brings total issued share capital and voting rights to 120,314,477 Venture Shares.
The newly allotted shares are expected to be admitted to the Financial Conduct Authority’s Official List and begin trading on the London Stock Exchange around 27 March 2026. The move reflects ongoing shareholder engagement with the reinvestment scheme and slightly enhances liquidity and capital resources available for investment in the VCT’s target SME portfolio.
More about Triple Point VCT 2011 PLC
Triple Point Venture VCT plc is a UK-listed venture capital trust established in 2010 to fund small and medium-sized enterprises, providing growth capital to early-stage and developing businesses. It is managed by Triple Point Investment Management LLP and its shares are admitted to trading on the London Stock Exchange’s main market.
Average Trading Volume: 7,975
Technical Sentiment Signal: Strong Buy
For detailed information about TPV stock, go to TipRanks’ Stock Analysis page.