Puma AIM VCT plc

28 March 2025

Issue of Equity

The Directors of Puma AIM VCT plc (the "Company") are pleased to announce that further to an offer for subscription (the "Offer") of ordinary shares of £0.01 each in the Company ("Ordinary Shares") to raise up to £10,000,000, together with an over-allotment facility for up to a further £10,000,000, as set out in a prospectus dated 17 September 2024 (the "Prospectus"), and noting that since that date subscriptions exceeding £3 million net of Offer costs (being the minimum subscription for the Offer to proceed) have been received, the Company has today made an initial allotment of 3,421,872 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 £0.9940 - £1.0001 per Ordinary Share, which have been calculated by reference to an assumed initial NAV of 100p per Ordinary Share for the purposes of the allotment formula (as stated in the Prospectus).

Following this allotment, the total number of Ordinary Shares in issue is 3,421,874. Therefore, the total number of voting rights in the Company is 3,421,874. 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 2 April 2025. Definitive documents of title are expected to be despatched within 10 business days of allotment. 

For further information please contact:  

Amy Coburn

Puma AIM VCT plc  

020 7408 4050