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An update from Northern 3 VCT ( (GB:NTN) ) is now available.
Northern 3 VCT PLC announced the successful IPO of its largest unquoted holding, The Beauty Tech Group, on the London Stock Exchange. The IPO values the company at approximately £300 million, marking a significant increase from its previous valuation. The proceeds from the IPO will enable The Beauty Tech Group to further accelerate its growth strategy, reflecting positively on Northern 3 VCT’s investment portfolio and potentially enhancing shareholder value.
More about Northern 3 VCT
Northern 3 VCT PLC is involved in the investment sector, focusing on unquoted holdings with potential for growth. The company has investments in various industries, including the global at-home beauty devices market, which is part of the broader beauty and personal care industry.
Average Trading Volume: 38,254
Technical Sentiment Signal: Buy
Learn more about NTN stock on TipRanks’ Stock Analysis page.