Puma VCT 13 PLC (GB:PU13) has released an update.
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Puma VCT 13 PLC has announced a new offer for subscription, aiming to raise up to £70 million through the sale of ordinary shares. The offer, which opens on 24 September 2024, includes an over-allotment facility of £20 million and will be managed by Puma Investment Management Limited, with shares available until 5 April 2025 or potentially extended to 11 September 2025. The investment manager, a related party, will receive a promoter fee of up to 3%, a transaction deemed fair by the Company’s Board and sponsor.
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