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Puma Alpha VCT Launches £15M Subscription Offer

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Puma Alpha VCT Launches £15M Subscription Offer

Puma Alpha VCT Plc ( (GB:PUAL) ) has shared an announcement.

Puma Alpha VCT plc has announced an offer for subscription to raise up to £15 million through the issuance of ordinary shares, with an additional over-allotment facility of £5 million, starting from January 15, 2025. This move is anticipated to enhance the company’s financial capacity, potentially impacting its market positioning positively. The promoter and investment manager, Puma Investment Management Limited, will receive a promoter fee as part of a related party transaction, deemed fair and reasonable by the board.

More about Puma Alpha VCT Plc

Puma Alpha VCT plc is a company that operates within the financial services industry, focusing on venture capital trusts. Its primary service is offering investment opportunities through subscription of ordinary shares.

YTD Price Performance: 0.0%

Average Trading Volume: 9,003

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £29.63M

See more data about PUAL stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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