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Puma Alpha VCT Expands Share Capital With New London Listing

Story Highlights
  • Puma Alpha VCT plc has listed an additional 329,735 ordinary shares on the London Stock Exchange.
  • The fully fungible new shares raise the total in issue to 34,888,357, modestly expanding the VCT’s capital base.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Puma Alpha VCT Expands Share Capital With New London Listing

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Puma Alpha VCT Plc ( (GB:PUAL) ) has provided an announcement.

Puma Alpha VCT plc has admitted a further 329,735 ordinary shares of £0.01 each to trading on the London Stock Exchange’s Main Market, following a recent subscription offer. The new issuance, which is fully fungible with existing stock, brings the total number of ordinary shares in issue to 34,888,357 and modestly expands the trust’s capital base, supporting continued deployment into its venture capital portfolio and potentially enhancing liquidity for shareholders.

The most recent analyst rating on (GB:PUAL) stock is a Hold with a £93.00 price target. To see the full list of analyst forecasts on Puma Alpha VCT Plc stock, see the GB:PUAL Stock Forecast page.

Spark’s Take on GB:PUAL Stock

According to Spark, TipRanks’ AI Analyst, GB:PUAL is a Neutral.

The score is held back primarily by weak financial performance (recurring losses and negative operating/free cash flow), partly offset by a strong, low-debt balance sheet. Technical indicators are largely flat with limited momentum, while valuation is mixed (loss-driven negative P/E but a moderate dividend yield). Recent fundraising-related corporate events provide a modest positive offset by improving capital resources.

To see Spark’s full report on GB:PUAL stock, click here.

More about Puma Alpha VCT Plc

Puma Alpha VCT plc is a UK-listed venture capital trust whose ordinary shares trade on the London Stock Exchange’s Main Market. The trust provides investors with exposure to a portfolio of venture capital investments, structured to deliver tax-efficient access to growth-stage companies under the UK’s VCT regime.

Average Trading Volume: 2,657,357

Technical Sentiment Signal: Sell

For a thorough assessment of PUAL stock, go to TipRanks’ Stock Analysis page.

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