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Triple Point VCT 2011 PLC ( (GB:TPV) ) has shared an announcement.
Triple Point Venture VCT PLC announced the allotment of 966,588 Venture Shares at an average price of 98.86 pence per share, increasing its total issued share capital to 88,509,121 Venture Class Shares. This move, part of a subscription offer, is expected to enhance the company’s capital base and potentially strengthen its market position by providing additional resources for investment in small and medium-sized enterprises.
More about Triple Point VCT 2011 PLC
Triple Point Venture VCT PLC is a Venture Capital Trust established in 2010 to fund small and medium-sized enterprises. It operates within the venture capital industry, focusing on providing financial support to emerging businesses through its investment management by Triple Point Investment Management LLP.
YTD Price Performance: 0.60%
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £73.29M
Learn more about TPV stock on TipRanks’ Stock Analysis page.