Puma Alpha VCT issues new shares in £15 million offer

Published 24/04/2025, 13:42
Puma Alpha VCT issues new shares in £15 million offer

LONDON - Puma (OTC:PMMAF) Alpha VCT plc has announced the allotment of 226,075 Ordinary Shares following an offer to raise up to £15 million, with an additional over-allotment facility of up to £5 million. The shares were issued at prices ranging from £0.9920 to £1.0123, based on the net asset value as of March 31, 2025.

This new allotment brings the total number of Ordinary Shares in the company to 32,908,086, which also represents the total voting rights. Shareholders may use this figure as the denominator for any required notifications of their interest in the company’s share capital under the Financial Conduct Authority’s rules.

The newly issued shares are expected to be admitted to the Official List of the FCA and to commence trading on the London Stock Exchange (LON:LSEG)’s main market around April 28, 2025. Document titles will be dispatched within ten business days of the allotment.

This move is part of Puma Alpha VCT’s ongoing efforts to expand its capital base and offer investors an opportunity to share in the company’s growth. The information is based on a press release statement from Puma Alpha VCT plc.

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