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CORRECT: Triple Point Venture raises maximum amount for subscription

Fri, 09th Feb 2024 16:14

(Correcting 12-month share price change.)

Triple Point Venture VCT PLC - London-based investor in early-stage small and medium-sized enterprises - Says it will use GBP5 million of the GBP20 million over-allotment facility, relating to its offer for subscription. This increases the amount that can be raised under the offer to GBP15 million. In September, it issued a prospectus looking to raise GBP10 million from an offer of shares, following approval from the UK Financial Conduct Authority. This will close on July 31 or earlier if fully subscribed.

Current stock price: 92.45 pence in London on Friday afternoon

12-month change: down 7.1%

By Greg Rosenvinge, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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