British Smaller Companies VCT PLC Announces Director Share Transaction
The investment company has announced a director has been issued new ordinary shares.
The investment company has announced a director has been issued new ordinary shares.
The retailer has raised £30.5 million through an equity placing, priced at a premium to the previous closing price, to fund its growth plans.
The director of this investment company has been issued new shares, in line with standard remuneration practices.
The venture capital trust has raised £15.2 million through the first tranche of its equity offering, with shares issued at a premium to net asset value. However, the lack of details on the intended use of funds and the company's current financial standing limits the ability to fully assess the significance of the raise.
The investment company has paid a special dividend and issued new shares through its DRIS, suggesting financial stability and shareholder confidence.
VCT pays dividend, issues new shares
Venture capital trust reports modest returns, with new investments and a strong cash position, but lacking clear financial details.