Northern Venture Trust Announces Successful IPO of Beauty Tech Group
The investment trust announces the successful IPO of its largest unquoted holding, The Beauty Tech Group, on the London Stock Exchange.
The investment trust announces the successful IPO of its largest unquoted holding, The Beauty Tech Group, on the London Stock Exchange.
The investment trust is offering new ordinary shares for subscription in the 2025/26 tax year, with existing shareholders receiving a discount.
The investment trust has issued new shares to shareholders under its Dividend Investment Scheme, with the shares priced at a premium to the previous closing price.
The investment trust has released its annual report and notice of the upcoming annual general meeting.
The venture capital trust reported increased NAV and returns, but faces headwinds with decreased cash reserves and a widening discount to NAV. Management remains cautiously optimistic amid market uncertainties.
The director of this investment trust has acquired additional shares in the company.
The retailer has announced a director has acquired additional shares in the company.
The prominent investment trust has successfully raised £14.6 million through an equity offering, with the new shares priced at a premium to the previous closing price.
The retailer's offer for subscription is now fully subscribed, with no further applications being accepted.