Issue of B Ordinary Shares of 1p each (â€œB Ordinary Sharesâ€) pursuant to an Offer for Subscription of up to Â£20 million of B Ordinary Shares (the â€œOfferâ€)
On 5 April 2018, 3,859,164 B Ordinary Shares (the â€œSharesâ€) 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 101.49p to 108.52p per B Ordinary Share.
Following this allotment, the Companyâ€™s issued share capital is as follows:
â€¢ 18,095,005 Ordinary Shares (including 2 Ordinary Shares issued as subscriber shares)
â€¢ 30,474,568 B Ordinary Shares
Therefore, the total number of voting rights in the Company is 48,569,573. 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 theÂ FCAâ€™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 Exchangeâ€™s main market for listed securities will be made shortly and dealings are expected to commence on or around 10 April 2018.Â CRESTÂ 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.
For further information, please contact:
PembrokeÂ VCTÂ plc
+44 20 7766 6900
+44 7917 080 365
Oakley Investment ManagersÂ LLPÂ (Manager)
+44 20 7766 6900
Andrew Wolfson/Tamara Warren
The City Partnership (UK) Limited (Company Secretary)
+44 131 510 7465