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Molten Ventures VCT plc Announces Share Allotment Under Subscription Offer

Story Highlights
  • Molten Ventures VCT plc has allotted 15,252,988 shares under its subscription offer.
  • The company’s total share capital is now 290,418,947 shares, pending UK Listing Authority approval.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

The latest announcement is out from Molten Ventures VCT plc ( (GB:MVCT) ).

Molten Ventures VCT plc, a venture capital trust, has announced the allotment of 15,252,988 Ordinary Shares under its subscription offer, with prices ranging from 41.74p to 44.40p per share. This move increases the company’s total issued share capital to 290,418,947 Ordinary Shares, which will soon be admitted to the UK Listing Authority and traded on the London Stock Exchange. The allotment is expected to impact shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.

More about Molten Ventures VCT plc

Average Trading Volume: 267

Technical Sentiment Signal: Strong Buy

Learn more about MVCT stock on TipRanks’ Stock Analysis page.

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