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Octopus Apollo VCT Closes Fully Subscribed Offer

Story Highlights
  • Octopus Apollo VCT plc focuses on venture capital trusts in the financial services industry.
  • The company’s subscription offer closed fully subscribed, reflecting strong investor interest.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Octopus Apollo VCT Closes Fully Subscribed Offer

Octopus Apollo VCT ( (GB:OAP3) ) just unveiled an announcement.

Octopus Apollo VCT plc has announced the successful closure of its offer for subscription, which aimed to raise up to £50 million with an additional over-allotment facility of £25 million for the 2024/2025 and 2025/2026 tax years. The offer is now fully subscribed, indicating strong investor interest and confidence in the company’s investment strategy, potentially enhancing its market position and benefiting its stakeholders.

More about Octopus Apollo VCT

Octopus Apollo VCT plc operates in the financial services industry, focusing on venture capital trusts. The company provides investment opportunities primarily aimed at raising capital through subscription offers, targeting investors interested in tax-efficient investment solutions.

YTD Price Performance: -0.44%

Average Trading Volume: 511

Technical Sentiment Consensus Rating: Hold

See more data about OAP3 stock on TipRanks’ Stock Analysis page.

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