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TwentyFour Income Fund Ltd GBP ( (GB:TFIF) ) has shared an announcement.
TwentyFour Income Fund Limited has issued 5,000,000 new ordinary shares at 110.53 pence per share under its blocklisting facility, raising approximately £5.47 million before costs to meet strong market demand. Following this equity issue, the company’s total share capital increases to 865,205,296 ordinary shares, a new base figure for shareholders monitoring disclosure thresholds under FCA transparency rules.
More about TwentyFour Income Fund Ltd GBP
TwentyFour Income Fund Limited is a FTSE 250 listed investment company that focuses on generating attractive risk-adjusted returns, mainly through income distributions. The fund invests in a diversified portfolio of less liquid, higher-yielding asset-backed securities across the UK, Europe, the US and Australia, targeting investors seeking exposure to structured credit markets.
Average Trading Volume: 2,750,853
Technical Sentiment Signal: Strong Buy
For an in-depth examination of TFIF stock, go to TipRanks’ Overview page.