06/04/2021
Pembroke VCT achieves record fundraise
Offer fully subscribed and now closed Pembroke VCT plc, the venture capital trust focused on building the businesses of tomorrow, is pleased to announce it has achieved a record fundraise, selling out of the £40 million offer, with the initial offer and overallotment facility now fully subscribed as at 29th March. Pembroke VCT gives investors the […]
06/04/2021
Issue of B Ordinary Shares of 1p each
Pembroke VCT plc (the “Company”) On 3 April 2021, 1,227,086 B Ordinary Shares (the “B Shares”) were allotted by the Company. Applications for the B Shares had been received in connection with the Company’s offer for subscription for up to £20 million of B Ordinary Shares with an over-allotment facility for up to a further […]
06/04/2021
Issue of equity
Pembroke VCT plc (the “Company”) Issue of B Ordinary Shares of 1p each (“B Ordinary Shares”) pursuant to an Offer for Subscription for up to £20 million of B Ordinary Shares with an over-allotment facility for up to a further £20 million of B Ordinary Shares (the “Offer”) On 3 April 2021, 20,528,651 B Ordinary […]
06/04/2021
Amendment to Investment Management Agreement
Pembroke VCT plc (the “Company”) 1 April 2021 The Company and Pembroke Investment Managers LLP (the “Manager”), the Company’s investment manager, have today entered into an agreement amending and restating (the “IMA Variation”) the Company’s investment management agreement (the “IMA”). The IMA Variation relates to the indemnity that is given under the IMA by the […]
22/03/2021
Pembroke VCT invests £1.75m into Dropless, the eco-friendly vehicle maintenance company
Tech-driven mobile service providing all vehicle needs in one place Pembroke VCT, the venture capital trust focused on building the brands of tomorrow, has made an initial investment of £1.75 million into Dropless, the eco-friendly vehicle maintenance company revolutionising its sector. Dropless was launched in 2018 by co-founders Christian Duncan and Mike Grindy, to bring […]
16/03/2021
Offer for Subscription – over-allotment facility
Pembroke VCT plc The directors of Pembroke VCT plc (the “Company”) confirm that they have resolved to utilise the over-allotment facility of £20 million in relation to the Company’s Offer for subscription (the “Offer). This increases the amount that can be raised under the Offer to £40 million. A copy of the Prospectus is available, […]
16/03/2021
Issue of equity
Pembroke VCT plc (the “Company”) Issue of B Ordinary Shares of 1p each (“B Ordinary Shares”) pursuant to an Offer for Subscription for up to £20 million of B Ordinary Shares with an over-allotment facility for up to a further £20 million of B Ordinary Shares (the “Offer”) On 15 March 2021, 5,057,307 B Ordinary […]
11/03/2021
Founder Stories: ME+EM
Check out our interview with ME+EM founder, Clare Hornby. The successful womenswear brand founder and mother of two talks about where she gets her inspiration from for her collections, how she incorporates family life into the brand and what it’s been like to work with Pembroke over the years.
09/03/2021
Pembroke portfolio company Boom Cycle partners with KOBOX
Creating UK boutique fitness ‘supergroup’ United Fitness Brands to accelerate growth Pembroke VCT the venture capital trust focused on building the brands of tomorrow, is pleased to announce that portfolio company Boom Cycle, England’s first boutique cycling chain, has partnered with KOBOX to launch the boutique fitness ‘supergroup’ United Fitness Brands. Boom Cycle was […]
04/03/2021
March 2021 Newsletter
Welcome to our March Newsletter with the latest news and information
from our new and existing portfolio companies.
02/03/2021
Issue of equity
Pembroke VCT plc (the “Company”) Issue of B Ordinary Shares of 1p each (“B Ordinary Shares”) pursuant to an Offer for Subscription for up to £20 million of B Ordinary Shares with an over-allotment facility for up to a further £20 million of B Ordinary Shares (the “Offer”) On 2 March 2021, 2,313,963 B Ordinary […]
02/03/2021
Issue of equity
Pembroke VCT plc (the “Company”) Issue of B Ordinary Shares of 1p each pursuant to the Dividend Investment Scheme The Company announces that on 2 March 2021 it allotted 495,139 B Ordinary Shares at a price of 109.2p per B Ordinary Share to certain shareholders under the Company’s Dividend Investment scheme. Following the allotment, the […]
16/02/2021
Pembroke VCT invests £1m into healthcare software Credentially
Platform facilitating faster healthcare provider registration to be scaled-up in the UK Pembroke VCT, the venture capital trust focused on building the brands of tomorrow, has made an initial investment of £1 million into Credentially, the platform that automates healthcare hiring, onboarding and compliance. During the pandemic, the company has worked with the NHS to […]
16/02/2021
Issue of equity
Pembroke VCT plc (the “Company”) Issue of B Ordinary Shares of 1p each (“B Ordinary Shares”) pursuant to an Offer for Subscription for up to £20 million of B Ordinary Shares with an over-allotment facility for up to a further £20 million of B Ordinary Shares (the “Offer”) On 15 February 2021, 1,406,860 B Ordinary […]
21/01/2021
Net Asset Value per B Ordinary Share
Pembroke VCT plc (the “Company”) The Company announces that the unaudited net asset value per B Ordinary Share as at 31 December 2020 is 113.2p per B Ordinary Share. For further information, please contact: Andrew Wolfson / Chris Lewis Pembroke Investment Managers LLP (Manager) +44 20 7766 6900 Doreen Nic The City Partnership (UK) Limited […]
18/01/2021
Issue of equity
Pembroke VCT plc (the “Company”) Issue of B Ordinary Shares of 1p each (“B Ordinary Shares”) pursuant to an Offer for Subscription for up to £20 million of B Ordinary Shares with an over-allotment facility for up to a further £20 million of B Ordinary Shares (the “Offer”) On 18 January 2021, 1,564,669 B Ordinary […]
15/01/2021
Pembroke VCT exits its investment in Pasta Evangelists
Majority stake in innovative pasta delivery business acquired by Italian food giant Pembroke VCT, the venture capital trust focused on building the consumer brands of tomorrow, has successfully exited its investment in Pasta Evangelists, which delivers restaurant-quality pasta direct to customers by post. The innovative meal kit business has agreed a deal whereby Italian firm, […]
15/01/2021
Investment Exit and Declaration of Interim Dividend
15 January 2021 Pembroke VCT plc In January 2020 Pembroke VCT plc (the “Company”) invested £2m in Pasta Evangelists. Pasta Evangelists has been sold to the Barilla Group and Pembroke VCT plc has received £4.5m for the sale of its entire equity holding. The Board of Pembroke VCT plc has resolved to pay an interim […]
12/01/2021
Founder Stories: PLENISH
Check out our interview with Plenish founder Kara Rosen. We have been invested in Plenish for over 7 years – we talk to Kara about how she started the juice and nut milk brand and her challenges along the way.
07/01/2021
Directorate changes
Pembroke VCT plc (the “Company”) The Company is pleased to announce the appointment of two non-executive directors, Mark Stokes and Louise Wolfson, effective from 1 January 2021. Mark Stokes has over 30 years experience in financial services and 20 years at Executive Committee level. He is currently Chief Commercial Officer at United Trust Bank, and […]
04/12/2020
Founder stories: LYMA
Check out our interview with LYMA founders Simon and Lucy Goff. We talk about how the business came about and the launch of the revolutionary hospital strength laser.
03/12/2020
Issue of equity
Pembroke VCT plc (the “Company”) Issue of B Ordinary Shares of 1p each (“B Ordinary Shares”) pursuant to an Offer for Subscription for up to £20 million of B Ordinary Shares with an over-allotment facility for up to a further £20 million of B Ordinary Shares (the “Offer”) On 3 December 2020, 988,308 B Ordinary […]
01/12/2020
Total Voting Rights
Pembroke VCT plc (the “Company”) In accordance with the FCA Disclosure Guidance and Transparency Rules, Pembroke VCT plc (the “Company”) would like to notify the market of the following. As at 30 November 2020, Pembroke VCT plc’s issued share capital consists of 102,410,922 B Ordinary Shares with voting rights. The Company does not hold any […]
23/11/2020
November Newsletter
Welcome to our new-look Newsletter, and the latest news and information
from our new and existing portfolio companies.
13/11/2020
Half-yearly report for the six months ended 30 September 2020
Pembroke VCT plc (the “Company”) The Directors are pleased to attach the Company’s Half-yearly Report for the six months ended 30 September 2020. Click on, or paste the following link into your web browser, to view the associated PDF document. https://www.pembrokevct.com/wp-content/uploads/2020/11/Pembroke-Interim-RA-2020-v11-clean-Final.pdf For further information, please contact: Andrew Wolfson / Chris Lewis Pembroke Investment Managers LLP […]
12/11/2020
Issue of equity
Pembroke VCT plc (the “Company”) Issue of B Ordinary Shares of 1p each pursuant to the Dividend Investment Scheme The Company announces that on 12 November 2020 it allotted 339,764 B Ordinary Shares at a price of 110.11p per B Ordinary Share to certain shareholders under the Company’s Dividend Investment scheme. Following the allotment, the […]
11/11/2020
Pembroke VCT invests £1 million into Smartify
Pembroke VCT, the venture capital trust focused on building the brands of tomorrow, has made an initial investment of £1 million into Smartify, the app named by New Scientist as the ‘Shazam and Spotify for art’. Smartify, founded in 2015 by four friends; Anna Lowe, Thanos Kokkiniotis, Nick Mueller and Ron Rijmoet, helps people make […]
05/11/2020
Issue of equity
Pembroke VCT plc (the “Company”) Issue of B Ordinary Shares of 1p each (“B Ordinary Shares”) pursuant to an Offer for Subscription for up to £20 million of B Ordinary Shares with an over-allotment facility for up to a further £20 million of B Ordinary Shares (the “Offer”) On 4 November 2020, 663,661 B Ordinary […]
02/11/2020
Total Voting Rights
In accordance with the FCA Disclosure Guidance and Transparency Rules, Pembroke VCT plc (the “Company”) would like to notify the market of the following. As at 31 October 2020, Pembroke VCT plc’s issued share capital consists of 101,407,497 B Ordinary Shares with voting rights. The Company does not hold any shares in Treasury. Therefore, the […]
27/10/2020
Pembroke VCT invests £2 million into Eave hearing protection system
Pembroke has made an initial investment of £2 million into Eave, a UK-based tech startup which has developed a unique hearing protection system for construction workers. Eave was founded in 2015 by Dr David Greenberg to address occupational hearing loss challenges, through the development of its hearing protection system. Eave’s patented technology uniquely combines real-time […]
23/10/2020
Net Asset Value per B Ordinary Share
Pembroke VCT plc (the “Company”) The Company announces that the unaudited net asset value per B Ordinary Share as at 30th September 2020 is 113.1p per B Ordinary Share. On November 12th the Company will pay a dividend of 3.0p per B Ordinary Share, the record date for which was 9th October 2020. This will […]
23/10/2020
Issue of equity
Issue of B Ordinary Shares of 1p each (“B Ordinary Shares”) pursuant to an Offer for Subscription for up to £20 million of B Ordinary Shares with an over-allotment facility for up to a further £20 million of B Ordinary Shares (the “Offer”) On 22 October 2020, 336,706 B Ordinary Shares (the “Shares”) were allotted […]
08/10/2020
Transactions by persons discharging managerial responsibilities
1 Details of the person discharging managerial responsibilities / person closely associated a) Name MR DAVID TILL 2 Reason for the notification a) Position/status DIRECTOR b) Initial notification /Amendment INITIAL NOTIFICATION 3 Details of the issuer, emission allowance market participant, […]
08/10/2020
Issue of equity
Pembroke VCT plc (the “Company”) Issue of B Ordinary Shares of 1p each (“B Ordinary Shares”) pursuant to an Offer for Subscription for up to £20 million of B Ordinary Shares with an over-allotment facility for up to a further £20 million of B Ordinary Shares (the “Offer”) On 8 October 2020, 885,245 B Ordinary […]
21/09/2020
Pembroke VCT launches new £20m offer with over allotment facility for further £20m
Read the full release here.
09/09/2020
Pembroke VCT invests further £1m into Stitch & Story
Premium crafting company, Stitch & Story, has received an additional £1 million investment from Pembroke VCT less than a year after its first institutional fund raise in November 2019. The company successfully ‘unlocked the artisan’ in thousands of new customers during lockdown, as people sought creative and meaningful ways to fill their time at home […]
14/08/2020
Results of General Meeting and Ordinary Share Class Meeting
Please see the full results of the vote here.
05/08/2020
Intention to Launch an Offer for Subscription
Pembroke VCT plc Intention to Launch an Offer for Subscription The directors of Pembroke VCT plc (the “Company”) are pleased to announce their intention to launch a new offer for subscription (the “Offer”) of new B Ordinary Shares for subscription in the 2020/2021 and 2021/2022 tax years. Full details of the Offer will be contained […]
24/07/2020
Dividend Declaration
Pembroke VCT plc (the “Company”) Dividend Declaration The board of the Company is pleased to announce that a resolution will be included in the Notice of Annual General Meeting (“AGM”), to be sent out in early September 2020, for shareholder approval of a proposed final dividend of 3p per Ordinary share and 3p per B […]
24/07/2020
Annual Financial Report
Pembroke VCT plc (the “Company”) Annual Report & Financial Statements for the year ended 31 March 2020 The Directors are pleased to attach the Company’s annual report and financial statements for the year ended 31 March 2020. Click on, or paste the following link into your web browser, to view the associated PDF document. http://www.rns-pdf.londonstockexchange.com/rns/0674U_1-2020-7-24.pdf […]