REG - Puma Alpha VCT PLC - Offer for Subscription

Puma Alpha VCTAnnouncement

13/12/2023 12:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20231213:nRSM6700Wa&default-theme=true

RNS Number : 6700W  Puma Alpha VCT PLC  13 December 2023

 

Puma Alpha VCT plc (the "Company")

 

Offer for Subscription

 

A prospectus relating to an offer for subscription of up to £15,000,000 of
ordinary shares of £0.01 each, payable in full in cash on application,
together with an over-allotment facility for up to a further £5,000,000 of
ordinary shares of £0.01 each (the "Offer"), was issued by the Company on 13
December 2023 (the "Prospectus").

 

The Offer will open on 13 December 2023 and is expected to close no later than
5 April 2024 for shares to be allotted in the 2023/24 tax year and, if the
Offer is extended beyond that date by the directors, no later than 06 December
2024 for shares to be allotted in the 2024/25 tax year (unless fully
subscribed by an earlier date or previously extended by the directors to no
later than 12 December 2024).

 

Pursuant to an offer agreement dated 13 December 2023 relating to the Offer
between, among others, the Company and Puma Investment Management Limited
("PIML"), PIML, as the promoter of the Offer, will receive a promoter fee of
up to 3% of the aggregate amount received by the Company under the Offer.
PIML, as the investment manager of the Company is a related party of the
Company under the Listing Rules, and the payment of such a fee by the Company
to PIML is a related party transaction to which Listing Rule 11.1.10R applies.

 

A copy of the Prospectus has been submitted to the National Storage Mechanism
and will shortly be available for viewing online at the following website
address: https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://url.avanan.click/v2/___https:/data.fca.org.uk/%23/nsm/nationalstoragemechanism___.YXAxZTpzaG9yZWNhcDphOm86MjhjNmI0YjA3MjRhMDlmZjMyY2I3OTg1NTQ2NmU1NmY6NjpmYmY2OjJhOWFiM2Q0NmRkNzMwM2QxZGUyNDVkYTFhMjhiNmU4MGY5NDM4ZGRiMmVjMzE4YmJlNTIzNmU4ZGFiZGFhM2M6cDpU)
.

 

Copies of the Prospectus are also available free of charge from the office of
the Company's investment manager, Puma Investment Management Limited, Cassini
House, 57 St James's Street, London SW1A 1LD.

 

For further information please contact Rupert West on 020 7408 4050.

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  PDITJBTTMTBBBBJ