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Triple Point Venture VCT Plc Announces New Share Allotment

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Triple Point Venture VCT Plc Announces New Share Allotment

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Triple Point VCT 2011 PLC ( (GB:TPV) ) has provided an announcement.

Triple Point Venture VCT Plc has announced the allotment of 1,907,382 new Venture Shares at an average price of 96.804 pence per share, as part of a subscription offer detailed in a prospectus issued in September 2024. This allotment increases the company’s total issued share capital and voting rights to 95,873,581 Venture Class Shares, with the new shares expected to be admitted to the Official List by 7 April 2025.

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. It is managed by Triple Point Investment Management LLP.

YTD Price Performance: 0.60%

Average Trading Volume: 97,349

Technical Sentiment Signal: Strong Sell

Current Market Cap: £78.35M

See more insights into TPV stock on TipRanks’ Stock Analysis page.

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