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LONDON - Praetura Growth VCT plc (LON:PGVCT) has allotted 43,841 new ordinary shares related to the tax year ending April 5, 2026, according to a statement released by the company on Friday.
The shares were issued under the company’s existing offer for subscription launched on November 8, 2024, which sought to raise up to £10 million with an over-allotment facility for an additional £10 million.
The new ordinary shares were priced between 93.82p and 94.77p each, calculated by reference to the latest published net asset value (NAV) of 92.88p per share.
Following this allotment, Praetura Growth VCT’s total issued ordinary shares stands at 6,528,352, which also represents the total voting rights in the company.
The company has applied for the new shares to be admitted to the Official List of the Financial Conduct Authority and to trading on the London Stock Exchange’s main market. Trading is expected to commence around September 2, 2025.
CREST accounts are expected to be credited following the allotment, with definitive documents of title anticipated to be dispatched within ten business days, according to the press release statement.
Praetura Growth VCT is a venture capital trust that invests in growth-stage companies.
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