Manchester tech exit delivers 4.4x return for PXN as Venture Capital Trust reopens
Venture capital and investment firm PXN Investments has announced a new £10m fundraising offer for the PXN Growth VCT (Venture Capital Trust), with a further £10m over-allotment facility, alongside plans for an estimated 5p per share special dividend following two successful exits.
The proposed dividend is expected in January 2027, with investors in the first allotment eligible alongside existing shareholders, subject to being on the share register at the record date.
The payment follows profitable exits from Manchester-ba... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
