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Triple Point VCT 2011 PLC ( (GB:TPV) ) has shared an announcement.
Triple Point Venture VCT Plc, a UK venture capital trust focused on financing small and medium-sized enterprises and managed by Triple Point Investment Management LLP, has expanded its capital base through a new share issue. The vehicle offers investors exposure to a portfolio of growth-focused SMEs via its listed Venture Class Shares.
The company has allotted 9,866,963 new Venture Shares at an average price of 94.638p per share under its ongoing subscription offer, with admission of the shares to the Official List expected around 17 February 2026. Following this allotment, the VCT’s issued share capital and total voting rights have risen to 119,889,748 Venture Class Shares, modestly diluting existing holdings while increasing funds available for future SME investments.
More about Triple Point VCT 2011 PLC
Triple Point Venture VCT Plc is a UK-listed venture capital trust established in 2010 to provide funding to small and medium-sized enterprises. Managed by Triple Point Investment Management LLP, the trust focuses on investing in growth-oriented SMEs, offering investors exposure to a diversified portfolio of venture-stage businesses through a tax-advantaged VCT structure.
Average Trading Volume: 20,677
Technical Sentiment Signal: Buy
Learn more about TPV stock on TipRanks’ Stock Analysis page.