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Praetura Growth VCT’s Successful IPO and Stakeholder Dynamics

Praetura Growth VCT PLC (GB:PGV) has released an update.

Praetura Growth VCT PLC, a newly established Venture Capital Trust, has successfully raised £10 million through an initial public offering (IPO), with shares now trading on the London Stock Exchange. Key stakeholders, identified as the Praetura Concert Party, hold a combined 53.34% of voting rights following the IPO. The Takeover Code rules apply to the company, dictating that any significant changes in shareholding may trigger a mandatory offer to other shareholders.

For further insights into GB:PGV stock, check out TipRanks’ Stock Analysis page.

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