Issue of Equity

Puma VCT 13 PLC

07 June 2023

 

Puma VCT 13 plc

7 June 2023

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 £40,000,000, together with an over-allotment facility which has been exercised for up to a further £10,000,000, as set out in a prospectus dated 11 August 2022 (the "Prospectus"), the Company has today made a final allotment of 147,502 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 £1.3473 to £1.3895 per Ordinary Share, which have been calculated by reference to the most recently announced net asset value per Ordinary Share (being 134.05p (unaudited) as at 2 March 2023, as announced on 2 March 2023).

The Offer was fully subscribed and is now closed to further applications.

Following this allotment, a total of 36,777,594 Ordinary Shares have been issued by the Company pursuant to the Offer and the total number of Ordinary Shares in issue is 89,186,980. Therefore, the total number of voting rights in the Company is 89,186,980. 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 9 June 2023. Definitive documents of title are expected to be despatched within 10 business days of allotment.

For further information please contact:

Graham Shore

Puma VCT 13 plc

020 7408 4050

 

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