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Triple Point Venture VCT Plc Announces New Share Allotment

Story Highlights

Triple Point VCT 2011 PLC ( (GB:TPV) ) just unveiled an update.

Triple Point Venture VCT Plc announced the allotment of 2,702,634 Venture Shares at an average price of 96.795 pence per share, as part of a subscription offer detailed in a prospectus from September 2024. This allotment increases the company’s issued share capital and total voting rights to 91,133,544 Venture Class Shares, with the shares expected to be admitted to the Official List by 31 March 2025.

More about Triple Point VCT 2011 PLC

Triple Point Venture VCT Plc is a Venture Capital Trust established in July 2010, focusing on funding small and medium-sized enterprises. The company is managed by Triple Point Investment Management LLP.

YTD Price Performance: 0.60%

Average Trading Volume: 97,349

Technical Sentiment Signal: Strong Sell

Current Market Cap: £78.35M

See more data about TPV stock on TipRanks’ Stock Analysis page.

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