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An announcement from Hargreave Hale AIM VCT 1 ( (GB:HHV) ) is now available.
Hargreave Hale AIM VCT 1 announced the allotment of 4,203,364 new ordinary shares as part of its recent subscription offer to raise up to £20 million. The shares, priced at 41.75 pence each, will soon be admitted to the London Stock Exchange, increasing the total number of shares to 367,326,440. This move is expected to bolster the company’s capital structure, providing it with additional resources to pursue its investment strategy in small to medium-sized enterprises on the AIM market.
More about Hargreave Hale AIM VCT 1
Hargreave Hale AIM VCT 1 is a venture capital trust that invests primarily in small to medium-sized companies listed on the Alternative Investment Market (AIM) in the UK. The company focuses on providing capital and support to high-growth potential businesses in various sectors, aiming to deliver long-term returns to its investors.
YTD Price Performance: -2.78%
Average Trading Volume: 60,375
Technical Sentiment Consensus Rating: Strong Buy
Learn more about HHV stock on TipRanks’ Stock Analysis page.
