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An update from Triple Point VCT 2011 PLC ( (GB:TPV) ) is now available.
Triple Point Venture VCT Plc announced the allotment of 1,574,215 Venture Shares at an average price of 95.171 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 to 98,873,990 Venture Class Shares, and the offer is now closed to further applications. The admission of these shares to the Official List is expected to take effect on or around 1 August 2025, marking a significant step in the company’s capital-raising efforts.
More about Triple Point VCT 2011 PLC
Triple Point Venture VCT Plc is a Venture Capital Trust established in July 2010 to fund small and medium-sized enterprises. The company operates within the venture capital industry, focusing on providing financial support to emerging businesses through its investment management firm, Triple Point Investment Management LLP.
Average Trading Volume: 100,893
Technical Sentiment Signal: Buy
Current Market Cap: £85.09M
Find detailed analytics on TPV stock on TipRanks’ Stock Analysis page.