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An announcement from Puma Alpha VCT Plc ( (GB:PUAL) ) is now available.
Puma Alpha VCT plc has announced a further allotment of 1,923,376 ordinary shares as part of its subscription offer to raise up to £15 million, with an additional over-allotment facility of £5 million. The shares were allotted at prices ranging from £0.9879 to £1.0501, based on the most recent net asset value per share. This increases the total number of shares in issue to 33,898,101, which also represents the total voting rights in the company. The new shares are expected to begin trading on the London Stock Exchange on or around 8 August 2025, with definitive documents of title dispatched within 10 business days.
Spark’s Take on GB:PUAL Stock
According to Spark, TipRanks’ AI Analyst, GB:PUAL is a Neutral.
Puma Alpha VCT Plc is currently facing significant financial challenges with declining revenue and negative profitability. Despite a strong equity position and recent strategic investments, the negative cash flows and valuation concerns weigh heavily on its overall performance. Technical indicators further highlight bearish sentiment, although the dividend yield offers a slight positive aspect for investors.
To see Spark’s full report on GB:PUAL stock, click here.
More about Puma Alpha VCT Plc
Average Trading Volume: 121,257
Technical Sentiment Signal: Sell
Current Market Cap: £31.18M
For detailed information about PUAL stock, go to TipRanks’ Stock Analysis page.