Triple Point Venture VCT increases offer subscription by £5m

Published 25/06/2025, 14:48
Triple Point Venture VCT increases offer subscription by £5m

LONDON - Triple Point Venture VCT plc announced Wednesday it will utilize the remaining £5 million of its over-allotment facility, increasing the total amount that can be raised under its current offer for subscription to £30 million.

The venture capital trust’s board confirmed the decision to activate the final portion of the £20 million over-allotment facility that was established as part of the subscription offer.

The offer will remain open until 11am on Thursday, July 31, 2025, unless the additional capacity is fully subscribed before that date or the board decides to close it earlier.

Investors can access the prospectus free of charge from the company’s registered office in London or via its website. The document has also been submitted to the National Storage Mechanism and is available for public viewing.

Triple Point Venture VCT plc was incorporated in July 2010 with the purpose of funding small and medium sized enterprises. The investment manager for the venture capital trust is Triple Point Investment Management LLP.

The announcement was made through a regulatory news service statement issued by the company, which trades with the LEI code 213800AOOAQA5XQDEA89.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.