Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Puma VCT 13 PLC ( (GB:PU13) ) has shared an announcement.
Puma VCT 13 plc has allotted a further 4,582,759 ordinary shares under its ongoing offer for subscription, which seeks to raise up to £50 million with an additional £20 million over-allotment facility, at prices ranging from £1.1763 to £1.2636 per share based on the latest adjusted unaudited net asset value. Following this issue, the total share capital and voting rights have risen to 195,018,666 ordinary shares, with the new stock scheduled for admission to trading on the London Stock Exchange’s main market around 20 March 2026, providing additional capital for the trust’s investment activities and updating the reference base for shareholder disclosure calculations.
The expanded share base and upcoming London listing of the newly allotted shares will increase liquidity for investors while clarifying the denominator for regulatory reporting of voting interests under the Financial Conduct Authority’s transparency rules. The transaction underscores continued investor demand for the VCT’s strategy and strengthens the company’s capital position to deploy funds into qualifying investments within the UK venture capital market.
More about Puma VCT 13 PLC
Puma VCT 13 plc is a UK-listed venture capital trust that raises funds from investors to provide tax-efficient exposure to a portfolio of qualifying smaller and growth companies. Its shares trade on the London Stock Exchange’s main market, targeting investors seeking managed participation in the UK venture capital and private company sector.
Average Trading Volume: 772,402
Technical Sentiment Signal: Buy
See more insights into PU13 stock on TipRanks’ Stock Analysis page.