tiprankstipranks
Advertisement
Advertisement

Puma VCT 13 Expands Capital Base With New Share Allotment

Story Highlights
  • Puma VCT 13 issued over 5.2 million new shares, raising funds under its subscription offer.
  • Total voting shares rose to nearly 190 million, with new stock to start trading shortly.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Puma VCT 13 Expands Capital Base With New Share Allotment

Claim 55% Off TipRanks

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

Puma VCT 13 plc has issued a further 5,207,587 ordinary shares under its ongoing subscription offer, which is targeting up to £50 million with an additional £20 million over-allotment facility. The new shares were priced between £1.2063 and £1.2827, based on the unaudited net asset value of 120.63p per share as at 31 December 2025, reflecting continued investor demand for the trust’s tax-advantaged investment strategy.

Following this latest allotment, Puma VCT 13’s total shares in issue and voting rights have risen to 189,893,682, a figure investors must now use when assessing disclosure thresholds under UK transparency rules. The newly issued shares are expected to begin trading on the London Stock Exchange around 19 February 2026, expanding the VCT’s capital base to support further investments in its target portfolio of smaller companies.

More about Puma VCT 13 PLC

Puma VCT 13 plc is a UK-listed venture capital trust that raises funds from investors to back a portfolio of smaller, growth-oriented companies, offering tax-efficient exposure to the venture capital and private equity market. Its shares trade on the London Stock Exchange’s main market, giving retail and institutional investors access to professionally managed early-stage investments.

Average Trading Volume: 1,031,137

Technical Sentiment Signal: Buy

Learn more about PU13 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1