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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.
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