Seneca Growth Capital VCT PLC ( (GB:HYG) ) has shared an announcement.
Seneca Growth Capital VCT PLC has issued 854,020 new B ordinary shares as part of a subscription offer aimed at raising up to £5 million, with an additional over-allotment facility of up to £5 million. The new shares, priced between 50.3p and 53.3p, will be admitted to trading on the London Stock Exchange, increasing the company’s total voting rights to 33,237,821. This move is expected to enhance the company’s capital base and provide more investment opportunities, potentially impacting shareholder interests and market positioning.
More about Seneca Growth Capital VCT PLC
Seneca Growth Capital VCT PLC operates in the financial services industry, focusing on venture capital investments. The company primarily offers investment opportunities through its venture capital trust, targeting growth-oriented businesses and providing shareholders with potential tax-efficient returns.
YTD Price Performance: -13.04%
Average Trading Volume: 10,257
Technical Sentiment Signal: Strong Buy
Find detailed analytics on HYG stock on TipRanks’ Stock Analysis page.