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Triple Point Venture VCT Plc Announces New Share Allotment

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The latest update is out from Triple Point VCT 2011 PLC ( (GB:TPV) ).

Triple Point Venture VCT Plc has announced the allotment of 164,425 Venture Shares at an average price of 95.618 pence per share as part of a subscription offer. This allotment, which includes a significant acquisition by Non-Executive Director James Brooke, increases the company’s total share capital and voting rights to 96,038,006 Venture Class Shares, with the shares expected to be listed on the Official List by 9 April 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

Learn more about TPV stock on TipRanks’ Stock Analysis page.

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