Pembroke VCT PLC
15 April 2019
This announcement replaces the announcement with RNS number: 4884V made on 8 April 2019 at 4.08pm for the issue of equity. The number of B Ordinary shares issued and the total number of B Ordinary shares in issue following the allotment were stated incorrectly.
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 Â£20 million of B Ordinary Shares with an over-allotment facility of up to a further Â£10 million of B Ordinary Shares (the “Offer”)
On 5 April 2019, 6,223,959 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 30 September 2018 being 112.31p per B Ordinary Share. The offer prices at which the Shares were issued and allotted ranged from 112.36p to 120.76p per B Ordinary Share.
Following this allotment, the Company’s issued share capital is as follows:
Â· 18,097,588 Ordinary Shares (including 2 Ordinary Shares issued as subscriber shares)
Â· 47,906,980 B Ordinary Shares
Therefore, the total number of voting rights in the Company is 66,004,568. 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 18 April 2019. 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.
For further information, please contact:
Pembroke VCT plc/ Oakley Investment Managers LLP (Manager)
020 7766 2836
Andrew Wolfson/ David Till
The City Partnership (UK) Limited (Company Secretary)
0131 243 7215
07917 080 365