Pembroke VCT plc (the “Company”)


Issue of B Ordinary Shares of 1p each (“B Ordinary Shares”) pursuant to an Offer for Subscription of up to £20 million of B Ordinary Shares (the “Offer”)



On 29 June 2018, 1,234,434 B Ordinary Shares (the “Shares”) were allotted pursuant to the Offer. In accordance with the terms and conditions of the Offer, the offer prices at which the Shares were allotted were calculated by reference to the unaudited net asset value of a B Ordinary Share in the Company as at 31 December 2017 being 101.33p per B Ordinary Share.  The offer prices at which the Shares were issued and allotted ranged from 103.03p to 107.94p per B Ordinary Share.


Following this allotment, the Company’s issued share capital is as follows:


  • 18,095,005 Ordinary Shares (including 2 Ordinary Shares issued as subscriber shares)
  • 31,709,002 B Ordinary Shares


Therefore, the total number of voting rights in the Company is 49,804,007.  This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change of interest in, the Company under the FCA’s Disclosure and Transparency Rules.


Application for the Shares to be admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange’s main market for listed securities will be made shortly and dealings are expected to commence on or around 4 July 2018.  CREST accounts are expected to be credited as soon as practicable following the allotment and definitive documents of title are expected to be dispatched within ten business days of allotment.


Following this allotment, the total number of shares issued pursuant to the Offer is 6,414,577 B Ordinary Shares.  The Company confirms that the Offer is now closed to new applications.



For further information, please contact:


Pembroke VCT plc

+44 20 7766 6900

Peter Dubens


Cornerstone Communications

+44 7917 080 365

Richard Acworth


Oakley Investment Managers LLP (Manager)

+44 20 7766 6900

Andrew Wolfson/Tamara Warren


The City Partnership (UK) Limited (Company Secretary)

+44 131 510 7465

Doreen Nic




Issue of Equity 31st October 2018

Pembroke VCT plc (the “Company”)   Issue of Ordinary and B Ordinary Shares of 1p each pursuant to the Dividend Investment Scheme     The Company announces that on 31 October 2018 it allotted 2,583 Ordinary Shares at a price...

N Family Club

  With more investment and new sites opening across London, N Family Club sets its sights on creating London’s best nursery group.   October 2018 – London-based nursery group, N Family Club, has raised investment from consumer-based venture capital trust,...

Issue of Equity 28th September- Replacement Announcement

This announcement replaces the announcement with RNS number: 4011C made on 28 September 2018 at 4.01pm for the issue of equity.  The number of B Ordinary shares issued, the range of offer prices and the total number of B Ordinary...