Crown Place VCT to Launch £50 Million Share Offer

Crown Place VCT (GB:CRWN) has released an update.

Crown Place VCT and its associated companies are planning to launch a prospectus top-up offer for new ordinary shares in the 2024/2025 tax year, aiming to raise up to £50 million, with an additional over-allotment of up to £30 million. The prospectus detailing the offer is expected to be available by November 2024, with applications opening in January 2025. This initiative presents an opportunity for investors to partake in a potentially profitable venture as the companies look to expand their capital base.

For further insights into GB:CRWN stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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