Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Triple Point VCT 2011 PLC ( (GB:TPV) ) has shared an announcement.
Triple Point Venture VCT PLC has decided to utilize £5 million of its £20 million over-allotment facility, increasing the total amount that can be raised through its current subscription offer to £25 million. This strategic move aims to bolster the company’s capital, potentially enhancing its ability to invest in SMEs and 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, focused on funding small and medium-sized enterprises. It operates within the venture capital industry and is managed by 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
Learn more about TPV stock on TipRanks’ Stock Analysis page.