TPV
VERY BADTriple Point Venture VCT Plc Announces Deeply Discounted Equity Raise
The retailer has announced a deeply discounted equity raise, signaling low investor confidence and raising concerns about the company's financial position.
The retailer has announced a deeply discounted equity raise, signaling low investor confidence and raising concerns about the company's financial position.
This venture capital trust reported a profit turnaround, doubled dividends, and raised £23.5 million. Despite a slight NAV decrease, it maintains a strong cash position and active investment strategy in AI and climate tech sectors.
The prominent investment trust has issued new shares at a small discount to facilitate a dividend reinvestment scheme for shareholders.