The Directors of Puma Alpha VCT and Puma VCT 13 Announce Thriving Offers for Subscription, Strengthening Their Equity Base

Directors of Puma Alpha VCT and Puma VCT 13, two renowned investment companies, have announced the successful issue of ordinary shares following subscription offers. This move not only enhances their equity base but also cements their financial foothold as they continue to bolster the UK’s finance sector.

Puma Alpha VCT disclosed an offer for subscription of Ordinary Shares, which proceeded to raise up to £15,000,000, accompanied by an over-allotment facility for another £5,000,000. Consequently, the company reported the allotment of 106,086 Ordinary Shares. The newly issued shares, priced between £1.0436 and £1.0979 per share, are set to begin trading on the main market for listed securities of the London Stock Exchange.

With these allotments, the total number of ordinary shares in Puma Alpha VCT rises to 32,682,011, while shares held by Puma VCT 13 surge to an impressive 163,708,497, thereby expanding the total number of voting rights in the companies.

These successful equity issues go beyond the enrichment of financial capabilities for the companies involved. They mark a promising development for shareholders, enabling them to calculate their interests and any changes to them in the share capital of the respective companies, under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules. These achievements add another feather to the cap of the directors of these PLCs as they help to stimulate the UK’s financially vibrant landscape.