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Octopus AIM VCT Announces New Share Issuance and Voting Rights Update
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Octopus AIM VCT Announces New Share Issuance and Voting Rights Update

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Octopus AIM VCT ( (GB:OOA) ) just unveiled an announcement.

Octopus AIM VCT plc announces the issuance and allotment of 7,692,508 Ordinary Shares, as part of a joint subscription offer with Octopus AIM VCT 2 plc, aimed at raising £20 million with an additional £10 million over-allotment facility for the 2024/2025 and 2025/2026 tax years. The shares are priced at 57.5p each and are expected to commence trading on the London Stock Exchange on or around 16 December 2024. This issuance increases the company’s total voting rights to 224,185,765 Ordinary Shares, providing a new denominator for shareholders to calculate their interest under the FCA’s guidelines.

More about Octopus AIM VCT

YTD Price Performance: -3.23%

Average Trading Volume: 17,743

Technical Sentiment Consensus Rating: Strong Buy

See more data about OOA stock on TipRanks’ Stock Analysis page.

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