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Puma VCT 13 PLC (PU13)

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Friday 09 October, 2020

Puma VCT 13 PLC

Issue of Equity

RNS Number : 6771B
Puma VCT 13 PLC
09 October 2020
 

9 October 2020

 

Puma VCT 13 plc (the "Company")

 

Offer for Subscription

 

 

A prospectus relating to an offer for subscription of up to £7,500,000 of ordinary shares of £0.0005 each, payable in full in cash on application, together with an over-allotment facility for up to a further £2,500,000 of ordinary shares (the "Offer"), was issued by the Company on 9 October 2020 (the "Prospectus").

 

The Company has also published a circular to shareholders (the "Circular") seeking shareholder approval for certain matters in relation to the Offer namely, the payment of promoter fees to the investment manager and proposals amending the performance incentive fee arrangements of the Company. The Circular contains a notice of a general meeting to be held on 18 November 2020 (the "General Meeting").

 

The Offer opens on 9 October 2020 and is expected to close no later than 1 April 2021 for shares to be allotted in the 2020/21 tax year and no later than 1 June 2021 for shares to be allotted in the 2021/22 tax year (unless fully subscribed by an earlier date or previously extended by the directors to no later than 29 September 2021).

 

The Offer is conditional on the passing of certain resolutions at the General Meeting.

 

Copies of the Prospectus and the Circular have been submitted to the National Storage Mechanism and will shortly be available for viewing online at the following website address: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

 

Copies of the Prospectus are also available free of charge from the office of the Company's investment manager, Puma Investment Management Limited, Cassini House, 57 St James's Street, London SW1A 1LD.

 

For further information please contact Rupert West on 0207 408 4050.

 

 

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