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Triple Point Venture VCT PLC Expands Fundraising Capacity

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Triple Point Venture VCT PLC Expands Fundraising Capacity

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The latest update is out from Triple Point VCT 2011 PLC ( (GB:TPV) ).

Triple Point Venture VCT PLC has decided to utilize £10 million of its £20 million over-allotment facility, increasing the total amount that can be raised under its current offer for subscription to £20 million. This strategic move is aimed at enhancing the company’s capacity to support small and medium-sized enterprises, potentially strengthening its position in the venture capital market.

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

For detailed information about TPV stock, go to TipRanks’ Stock Analysis page.

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