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Guinness VCT Completes Share Subscription Offer

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Guinness VCT Completes Share Subscription Offer

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Guinness VCT Plc ( (GB:GVCT) ) just unveiled an announcement.

Guinness VCT plc has successfully completed an offer for subscription, issuing 525,508 Ordinary Shares as part of a larger initiative to raise up to £15 million. The final allotment brings the total number of shares in issue to 11,731,393, with the shares expected to be listed on the London Stock Exchange shortly. This move enhances the company’s capital structure and provides shareholders with updated voting rights, potentially impacting their investment strategies.

More about Guinness VCT Plc

Technical Sentiment Signal: Buy

For an in-depth examination of GVCT stock, go to TipRanks’ Overview page.

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