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Puma VCT 13 PLC Expands Capital with New Share Allotment

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Puma VCT 13 PLC Expands Capital with New Share Allotment

An update from Puma VCT 13 PLC ( (GB:PU13) ) is now available.

Puma VCT 13 PLC has announced an allotment of 3,129,141 ordinary shares as part of a subscription offer aiming to raise up to £50 million, with an additional over-allotment facility of £20 million. This brings the total number of ordinary shares in issue to 138,590,234, with the shares expected to begin trading on the London Stock Exchange by January 13, 2025. The newly issued shares aim to enhance the company’s capital base, potentially impacting its market presence and offering strategic growth opportunities for stakeholders.

More about Puma VCT 13 PLC

Puma VCT 13 PLC operates within the venture capital trust sector, focusing on investment in small to medium-sized enterprises across various industries. The company aims to provide shareholders with tax-efficient returns by investing in a diverse portfolio of growth-oriented companies.

YTD Price Performance: 0.00%

Average Trading Volume: 1,357

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £161.6M

For a thorough assessment of PU13 stock, go to 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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