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Puma VCT 13 Boosts Capital via Dividend Reinvestment Share Issue

Story Highlights
  • Puma VCT 13 has issued 542,225 new shares through its dividend reinvestment scheme.
  • Total voting shares rise to 190,435,907, with new shares set to list on the LSE shortly.
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Puma VCT 13 Boosts Capital via Dividend Reinvestment Share Issue

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Puma VCT 13 PLC ( (GB:PU13) ) has provided an update.

Puma VCT 13 plc has issued 542,225 new ordinary shares under its dividend reinvestment scheme, with the shares priced at £1.1763 based on the latest unaudited net asset value adjusted for the recent dividend. This move increases the total shares and voting rights in issue to 190,435,907, and the new shares are expected to be admitted to the FCA’s Official List and begin trading on the London Stock Exchange around 19 March 2026, providing reinvesting shareholders with additional liquidity and reinforcing the trust’s capital base.

The company will apply for the newly allotted shares to trade on the London Stock Exchange’s main market, and definitive share certificates are expected to be sent within 10 business days of allotment. The updated share count will serve as the reference point for investors assessing whether they must disclose holdings under the FCA’s Disclosure Guidance and Transparency Rules, potentially affecting how significant shareholders report changes in their positions.

More about Puma VCT 13 PLC

Puma VCT 13 plc is a UK-listed venture capital trust that provides investors with exposure to a diversified portfolio of smaller, growth-oriented companies. As a VCT, it focuses on tax-efficient investment in qualifying businesses, offering shareholders access to venture capital-style returns within a listed vehicle governed by FCA rules.

Average Trading Volume: 1,029,400

Technical Sentiment Signal: Buy

For an in-depth examination of PU13 stock, go to TipRanks’ Overview page.

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