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Odyssean Investment Trust PLC ( (GB:OIT) ) just unveiled an announcement.
Odyssean Investment Trust PLC announced the issuance of 100,000 new ordinary shares at a price of 151.25 pence each, as part of its premium management strategy. This move increases the total number of ordinary shares to 132,719,212, aligning with the company’s strategy to manage its shares at a premium and ensuring transparency in shareholder voting rights, potentially impacting shareholder decision-making processes.
More about Odyssean Investment Trust PLC
Odyssean Investment Trust PLC operates within the investment trust industry, focusing on investment management and providing a platform for investors to gain exposure to a diversified portfolio. The company engages primarily in issuing shares and managing these assets strategically to enhance shareholder value.
YTD Price Performance: -2.92%
Average Trading Volume: 235,995
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £193.6M
See more insights into OIT stock on TipRanks’ Stock Analysis page.
