LONDON – Puma (OTC:) Alpha VCT plc announced the final allotment of ordinary shares under its recent offer for subscription. Today, the company issued 594,248 ordinary shares at prices ranging from £1.0736 to £1.1070, following the terms outlined in its prospectus from December 13, 2023.
This final allotment concludes the company’s offer to raise up to £15 million, with an additional over-allotment facility of up to £5 million. The offer prices were determined based on the net asset value per ordinary share of 107.36p (unaudited) as of September 30, 2024, which was publicly announced on October 18, 2024.
With this issuance, Puma Alpha VCT has released a total of 3,399,100 ordinary shares during the offer period. The company’s total issued share capital now stands at 28,933,237 ordinary shares, each carrying one vote. Shareholders can use this total voting rights figure as a denominator for the purpose of disclosing changes in their shareholding as per the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
The newly issued ordinary shares are expected to be admitted to the Official List of the Financial Conduct Authority (FCA) and commence trading on the London Stock Exchange (LON:)’s main market around Thursday. Investors should anticipate the definitive documents of title to be dispatched within 10 business days following the allotment.
This news is based on a press release statement from Puma Alpha VCT plc and provides the latest factual information regarding the company’s equity issue.
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