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Triple Point VCT 2011 PLC ( (GB:TPV) ) has shared an announcement.
Triple Point Venture VCT Plc has announced the allotment of 2,465,470 Venture Shares at an average price of 98.692 pence per share, as part of a subscription offer detailed in their September 2024 prospectus. This allotment increases the company’s total issued share capital and voting rights to 87,542,533 Venture Class Shares, potentially enhancing its market position and providing more capital for investment in SMEs.
More about Triple Point VCT 2011 PLC
Triple Point Venture VCT Plc is a Venture Capital Trust established in July 2010, focusing on funding small and medium-sized enterprises. The company is managed by Triple Point Investment Management LLP.
YTD Price Performance: -1.65%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £73.29M
For a thorough assessment of TPV stock, go to TipRanks’ Stock Analysis page.