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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 publication of a prospectus for an offer to raise £10 million through venture ordinary shares, with the possibility of increasing to £30 million if oversubscribed. The offer, managed by Triple Point Investment Management LLP, involves a related party transaction and includes a promoter fee of up to 5.5% of accepted applications’ value. The board considers the arrangements fair and reasonable for shareholders, with the offer open until 31 July 2026 or until fully subscribed.
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 operates within the venture capital industry, providing financial support to emerging businesses through its investment manager, Triple Point Investment Management LLP.
Average Trading Volume: 75,698
Technical Sentiment Signal: Buy
Current Market Cap: £87.74M
For detailed information about TPV stock, go to TipRanks’ Stock Analysis page.