REG - Puma VCT 13 PLC - Issue of Equity

Puma VCT 13Announcement

04/04/2025 18:15

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RNS Number : 8069D  Puma VCT 13 PLC  04 April 2025

 

Puma VCT 13 plc

 

4 April 2025

 

Issue of Equity

 

The Directors of Puma VCT 13 plc (the "Company") are pleased to announce that
further to an offer for subscription (the "Offer") of ordinary shares of
£0.0005 each in the Company ("Ordinary Shares") to raise up to £50,000,000,
together with an over-allotment facility which has been exercised for up to a
further £20,000,000, as set out in a prospectus dated 24 September 2024 (the
"Prospectus"), the Company has today made a further allotment of 2,960,187
Ordinary Shares pursuant to the Offer.

In accordance with the allotment formula set out in the Prospectus, the offer
prices at which the Ordinary Shares were allotted were in the range of
£1.2357 to £1.3271 per Ordinary Share, which have been calculated by
reference to the most recently announced net asset value per Ordinary Share
(being 123.57p (unaudited) as at 13 January 2025 (as announced on 13 January
2025)).

Following this allotment, the total number of Ordinary Shares in issue is
163,708,497. Therefore, the total number of voting rights in the Company is
163,708,497. This figure may be used by shareholders in the Company as the
denominator for the calculations by which they will determine if they are
required to notify their interest in, or a change to their interest in, the
share capital of the Company under the Financial Conduct Authority's
Disclosure Guidance and Transparency Rules.

Application will be made for the Ordinary Shares so allotted to be admitted to
the Official List of the FCA and to trading on the London Stock Exchange's
main market for listed securities, and dealings are expected to commence on or
around 8 April 2025. Definitive documents of title are expected to be
despatched within 10 business days of allotment.

 

 

For further information please contact:

 

Eliot Kaye

Puma VCT 13 plc

020 7408 4050

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