LONDON - Puma (OTC:PMMAF) VCT 13 plc has announced the allotment of 197,247 Ordinary Shares as part of its dividend reinvestment scheme (DRIS). The shares were issued at a price of £1.2482 each, based on the net asset value per share of 127.82p as of September 30, 2024, which was adjusted for the dividend paid out on December 16, 2024.
The issuance of these shares brings the total number of Ordinary Shares in issue to 135,461,093, aligning the total voting rights with the number of shares. This figure is relevant for shareholders who need to disclose changes in their stake in the company according to the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
The newly issued shares are expected to be admitted to the Official List of the Financial Conduct Authority and to commence trading on the London Stock Exchange (LON:LSEG)'s main market around December 19, 2024. Shareholders can anticipate the dispatch of definitive documents of title within 10 business days following the allotment.
The company's decision to allot additional shares under the DRIS provides shareholders with an opportunity to increase their investment in the company by reinvesting their dividends into new shares instead of receiving a cash payout. This move reflects the company's ongoing efforts to provide flexible investment options to its shareholders.
The information in this article is based on a press release statement from Puma VCT 13 plc.
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