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Triple Point VCT 2011 PLC ( (GB:TPV) ) has shared an update.
Triple Point Venture VCT Plc has announced the allotment of 2,832,655 Venture Shares at an average price of 96.910 pence per share, increasing its total share capital to 93,966,199 Venture Class Shares. This move is part of a subscription offer and is expected to enhance the company’s capital base, potentially impacting its market positioning and providing more resources for investment in SMEs.
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. It operates under the management of Triple Point Investment Management LLP.
YTD Price Performance: 0.60%
Average Trading Volume: 97,349
Technical Sentiment Signal: Strong Sell
Current Market Cap: £78.35M
See more data about TPV stock on TipRanks’ Stock Analysis page.