Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Triple Point VCT 2011 PLC ( (GB:TPV) ) just unveiled an update.
Triple Point Venture VCT PLC has announced the utilization of £5 million from its over-allotment facility, increasing the total potential fundraising amount to £20 million through its current subscription offer. This move indicates a strategic effort to enhance its capital base, which could potentially strengthen its investment capabilities and market positioning, benefiting its stakeholders by supporting more small and medium-sized enterprises.
More about Triple Point VCT 2011 PLC
Triple Point Venture VCT PLC is a venture capital trust established in July 2010, focused on funding small and medium-sized enterprises. It operates within the venture capital industry, with its investment management handled by Triple Point Investment Management LLP.
YTD Price Performance: -1.65%
Average Trading Volume: 27,202
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £73.29M
See more insights into TPV stock on TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue