British Smaller Companies VCT2 Plc Announces Director Share Issuance
The retailer has announced the issuance of new shares to a director, providing further alignment between management and shareholders.
The retailer has announced the issuance of new shares to a director, providing further alignment between management and shareholders.
The VCT company has completed a £19.4 million fundraise, issuing new shares at a 6.6% to 12.8% discount to the previous closing price.
The venture capital trust reported a significant drop in profits and investment gains, despite increased income. Facing economic uncertainties and challenging market conditions, the firm maintains a strong cash position but sees declining NAV.
The investment trust has announced the issuance of shares to a director, a common regulatory disclosure.
The prominent investment trust has successfully raised £9.8 million through a new equity offering, attracting strong investor demand and issuing shares at a premium to net asset value.
The retailer has announced the payment of a special dividend and the issuance of new shares through its dividend re-investment scheme, a routine corporate action that indicates shareholder confidence in the company's prospects.
Technical accounting change for this investment company, unlikely to significantly impact the share price.
Small-cap investment company reports Q3 results with mixed performance, but new fundraising could support future growth.
Successful fundraising for this investment company, with plans to expand its operations.