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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

TipRanks Cyber Monday Sale

Triple Point VCT 2011 PLC ( (GB:TPV) ) just unveiled an announcement.

Triple Point Venture VCT PLC announced the allotment of 378,583 Venture Shares at 91.94p each as part of a Dividend Reinvestment Scheme, increasing the total share capital to 106,506,844 Venture Shares. This move is expected to enhance liquidity and provide shareholders with an alternative to cash dividends, potentially strengthening the company’s market position and appeal to investors.

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.

Average Trading Volume: 38,142

Technical Sentiment Signal: Strong Buy

Current Market Cap: £92.86M

Find detailed analytics on TPV stock on TipRanks’ Stock Analysis page.

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