Odyssean Investment Trust PLC ( (GB:OIT) ) has provided an announcement.
Odyssean Investment Trust PLC has applied to both the Financial Conduct Authority and the London Stock Exchange for a block listing of 5,000,000 new ordinary shares. This move is aimed at addressing market demand and managing the share premium, reflecting the company’s strategic approach to maintaining its market value. The listing is expected to be effective from January 31, 2025, and further issues of new shares will be communicated through formal announcements.
More about Odyssean Investment Trust PLC
Odyssean Investment Trust PLC is a closed-ended investment fund that primarily focuses on investment opportunities in the UK market. The company is listed on the London Stock Exchange and adheres to a strategy of managing premium to net asset value in its shares.
YTD Price Performance: 1.95%
Average Trading Volume: 224,018
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £205.9M
For a thorough assessment of OIT stock, go to TipRanks’ Stock Analysis page.
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