Puma Alpha VCT Plc (GB:PUAL) has released an update.
Puma Alpha VCT PLC has expanded its investment portfolio by adding seven new companies, bringing the total to 17, despite a challenging year that saw a net asset value decrease and a £4.1m loss. The company raised £9.3 million in new equity and paid a 5p dividend, signaling a robust fundraising year. Looking forward, they are proposing a dividend reinvestment scheme and remain optimistic about capitalizing on opportunities in the SME market amidst economic uncertainties.
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