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Maven Income and Growth VCT 3 PLC Expands Equity with New Share Issuance
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Maven Income and Growth VCT 3 PLC Expands Equity with New Share Issuance

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Maven Income and Growth VCT 3 ( (GB:MIG3) ) has provided an announcement.

Maven Income and Growth VCT 3 PLC has announced the issuance of new equity following a subscription offer that was launched on 27 September 2024 to raise up to £5 million, with an additional over-allotment facility for another £5 million. The company received applications totaling £1,915,672, with £1,829,912 allocated to the 2024/2025 tax year, resulting in the issuance of 3,523,208 new shares. These shares are expected to be admitted to trading on the London Stock Exchange around 23 December 2024, marking a significant step in expanding the company’s capital and potentially enhancing its market presence.

More about Maven Income and Growth VCT 3

YTD Price Performance: 4.38%

Average Trading Volume: 33,458

Technical Sentiment Consensus Rating: Sell

Find detailed analytics on MIG3 stock on TipRanks’ Stock Analysis page.

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