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Albion Enterprise VCT Closes £20 Million Subscription Offer

Story Highlights
  • Albion Enterprise VCT PLC has closed its subscription offer after reaching a £20 million limit.
  • The successful capital raise may enhance Albion’s market presence with shares expected to list in March 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Albion Enterprise VCT Closes £20 Million Subscription Offer

Albion Enterprise VCT ( (GB:AAEV) ) has provided an announcement.

Albion Enterprise VCT PLC, a company involved in venture capital trust offerings, has announced the closure of its subscription offer after reaching its £20 million limit, including a £10 million over-allotment facility. The closure signifies a successful capital raise for the company, with shares expected to be listed on the London Stock Exchange by late March 2025, potentially enhancing its market presence and providing opportunities for stakeholders.

More about Albion Enterprise VCT

YTD Price Performance: 0.26%

Average Trading Volume: 13,254

Technical Sentiment Consensus Rating: Strong Sell

See more insights into AAEV stock on TipRanks’ Stock Analysis page.

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