Puma VCT 13 plc - Issue of Equity 01 April 2022
Puma VCT 13 plc
01 April 2022
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 £25,000,000, together with an over-allotment facility which has been exercised for up to a further £5,000,000, as set out in a prospectus dated 5 August 2021 (the "Prospectus"), the Company has today made a further allotment of 2,898,755 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 £1.1956 to £1.2330 per Ordinary Share, which have been calculated by reference to the most recently announced net asset value per Ordinary Share (being 129.84p (unaudited) as at 31 August 2021, as published in the half-year report, adjusted for the dividend paid to shareholders on 17 December 2021 and the dividend paid to shareholders on 25 March 2022). The Offer is now closed to further applications.
Following this allotment, the total number of Ordinary Shares in issue is 51,942,458. Therefore, the total number of voting rights in the Company is 51,942,458. 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 5 April 2022. Definitive documents of title are expected to be despatched within 10 business days of allotment.
For further information please contact:
Puma VCT 13 plc
020 7408 4050