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Octopus Future Generations VCT PLC Announces New Share Issuance and Voting Rights Update

Story Highlights
  • Octopus Future Generations VCT PLC issued 5,567,019 shares to raise up to £5 million.
  • The shares will be listed on the London Stock Exchange, increasing total voting rights to 59,508,123.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Octopus Future Generations VCT PLC Announces New Share Issuance and Voting Rights Update

Octopus Future Generations VCT PLC ( (GB:OFG) ) just unveiled an announcement.

Octopus Future Generations VCT PLC has issued 5,567,019 Ordinary Shares as part of its subscription offer to raise up to £5 million, with an additional over-allotment facility of the same amount, for the 2024/25 and 2025/26 tax years. The shares, priced at 91.6p, are set to be admitted to the London Stock Exchange, increasing the company’s total voting rights to 59,508,123, which stakeholders can use for determining their shareholding notifications under FCA rules.

More about Octopus Future Generations VCT PLC

YTD Price Performance: 2.42%

Technical Sentiment Signal: Buy

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

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