Puma Alpha Vct. Regulatory News (PUAL)

Puma Alpha VCT plc

24 April 2025

Issue of Equity

The Directors of Puma Alpha 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 £15,000,000, together with an over-allotment facility for up to a further £5,000,000, as set out in a prospectus dated 15 January 2025 (the "Prospectus"), the Company has today made a further allotment of 226,075 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 £0.9920 to £1.0123 per Ordinary Share, calculated by reference to the most recently announced net asset value per Ordinary Share (being 99.20p (unaudited) as at 31 March 2025, as announced on 17 April 2025).

Following this allotment, the total number of Ordinary Shares in issue is 32,908,086. Therefore, the total number of voting rights in the Company is 32,908,086. 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 28 April 2025. Definitive documents of title are expected to be despatched within 10 business days of allotment.

For further information please contact:

Eliot Kaye

Company Secretary

Puma Alpha VCT plc

020 7408 4050