About us

This website is operated by Pembroke Investment Managers LLP (“PIM”), which is the manager of Pembroke VCT Plc (the “Company”). PIM is a limited liability partnership registered in England & Wales (with number OC379193) and its registered office is at 3 Cadogan Gate, London, SW1X 0AS. PIM is authorised and regulated by the Financial Conduct Authority with registration number 604924.

By using this website, you confirm that you accept these terms of use and that you agree to comply with them.

If you do not agree to these terms, you must not use this website.

These terms are intended to benefit the Company (in addition to PIM) and shall be enforceable by the Company (and/or PIM) to the fullest extent permitted by law.

If you are unsure about any of the terms on this website, please consult your financial or other professional adviser. If you access this website or rely upon any information contained on it, you do so entirely at your own risk.

There are other terms that may apply to you

These terms of use refer to the following additional terms, which also apply to your use of this website:

  • The Privacy Policy, which sets out the types of information collected from users of this website and how we use it.
  • The Cookie Policy, which sets out information about the cookies on this website.

We may make changes to these terms

We may amend these terms from time to time without notice. Please regularly check these terms to ensure you understand the terms that apply at the time you access the website.

Ownership and use of material on this website

PIM and/or the Company are the owners, licensees or authorised users of all intellectual property rights in this website, including (without limitation) all copyright, registered and unregistered trademarks, logos and designs. PIM and/or the Company either own the copyright to the information contained on this website or are licensed or authorised by the copyright owner to display the information. All such rights are reserved.

Please note that you are not authorised to exploit, distribute, copy, modify or publicly display this website for any reason and you may only use the information on it for your own internal purposes. You are forbidden from collecting information from this website and incorporating it into your own website, database or products. You are also forbidden from linking pages from this website to your own or another website in any way without the Company or PIM’s express written consent. If you undertake any of these prohibited activities, you are put on notice that you are breaching PIM and/or the Company’s intellectual property rights to the relevant information and each of PIM and the Company reserve the right to take action against you to uphold their rights, which may involve pursuing injunctive proceedings.

You may print, copy, download or otherwise temporarily store extracts from this website for your personal use. You must not alter any extract contained on or obtained from this website in any way.

Do not rely on information on this website or make investment decisions based on it

This website is for information only. It is not an offer to buy or sell or a solicitation of an offer to buy or sell or a recommendation to buy or sell any securities.

Any information, views, prices or projections on this website are subject to change without notice. No information on this website constitutes investment, tax, legal or any other advice and no reliance should be placed on this information in any decision to acquire or dispose of shares in the Company or any investment referred to herein. Prospective investors should obtain independent investment and tax advice before investing in the Company. PIM’s client is the Company, and PIM will not advise any prospective investor on the merits of investing in the Company or on their tax position, and nothing on this website constitutes such advice. Any decision to invest should only be made after careful consideration of the Company’s latest prospectus. PIM shall not be responsible for providing customer protections to any person who views the information on this website.

The information contained in this website has been compiled from sources believed to be reliable but no warranty, expressed or implied, is given that the information is complete or accurate nor that it is suitable for a particular purpose. All such warranties are expressly disclaimed and excluded. Any opinions, recommendations and forecasts provided are not necessarily the current opinions, recommendations and forecasts of the Company, PIM or other contributors and may be changed at any time. Actual outcomes or results may differ materially from those expressed or implied by any forecast.

Intended users of this website and jurisdictional scope

This website is intended to be accessed in the UK only for the information of persons falling within articles 19 (investment professionals) or 49 (high net worth companies, partnerships, unincorporated associations and trusts) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended, or other persons lawfully entitled to view it. Persons falling outside these categories should contact their professional advisers in relation to any information contained on this website.

Access to this website in certain jurisdictions other than the UK may be restricted by law and therefore persons who access this website and the information and documentation contained in it should inform themselves about and observe any such restrictions. Any failure to comply with these restrictions may constitute a breach of the securities laws of any such jurisdictions. We are unable to guarantee that this website is compliant with such local laws or regulations. In particular, the information on this website is not directed at and is not for use by any US Person (as defined in Regulation S under the US Securities Act of 1933 (as amended) (“US Securities Act”)).

The Company has not been and will not be registered under the US Investment Company Act of 1940 (as amended) and, as such, holders of shares in the Company will not be entitled to the benefits of that Act. Shares in the Company have not been and will not be registered under the US Securities Act or with any securities regulatory authority of any state or other jurisdiction of the United States. Shares in the Company may not be offered or sold within the United States or to, or for the account or benefit of, US Persons except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the US Securities Act and in compliance with any applicable securities laws of any state or other jurisdiction of the United States and in a manner which would not require the Company to register under the US Investment Company Act of 1940 (as amended). Shares in the Company have not been, and will not be, registered under the securities laws, or with any securities regulatory authority, of any jurisdiction outside the UK.

Responsibility for loss or damage suffered by you

None of PIM or the Company or any of their respective directors, officers, employees, associates and agents accept any responsibility or liability whatsoever, whether direct or indirect, express or implied, contractual, tortuous, statutory or otherwise, for any loss however arising from any use of or reliance placed upon the information contained on this website or otherwise arising out of or in connection with any access to, use of or inability to use, this website or any omissions, errors or inaccuracies on this website, or any actions taken or not taken in response to any information on the website. Nothing in these terms of use or elsewhere in this website shall exclude, limit or restrict any of PIM’s duties and liabilities under the Financial Services and Markets Act 2000 or any conduct of business rules with which PIM is bound to comply.

Nothing on this website should be taken as an invitation or inducement to engage in any investment activity.

We are not responsible for websites we link to

Our website may feature links to sites operated by third parties. PIM and the Company have no responsibility for the content of such sites and cannot accept any liability in this respect. Such links should not be interpreted as approval by PIM or the Company of those linked websites or information you may obtain from them. Use of these links implies acceptance of this condition.

Investing in VCTs and risk factors

Shares in VCTs usually trade at a discount to their underlying asset value. Past performance is not a reliable indicator or guarantee of future performance. The value of VCT shares and any income from investing in VCTs may fluctuate. There can be no guarantee that investment objectives of the Company will be achieved. Shareholders may get back less than originally invested, even taking the tax reliefs into account.

Prospective investors should refer to the detailed risk warnings in the Company’s latest prospectus and to the summary risk warnings located at Risks.


This website and its contents are made available on an “as is” and “as available” basis.

We are not responsible for viruses and you must not introduce them.

We do not guarantee that this website will be secure or free from bugs or viruses.

You are responsible for configuring your information technology, computer programmes and platform to access this website.

You should use your own virus protection software.

You must not misuse this website by knowingly introducing viruses, trojans, worms, logic bombs or other material that is malicious or technologically harmful. You must not attempt to gain unauthorised access to this website, the server on which this website is stored or any server, computer or database connected to this website. You must not attack this website via a denial-of-service attack or a distributed denial-of service attack. By breaching this provision, you would commit a criminal offence under the Computer Misuse Act 1990. We will report any such breach to the relevant law enforcement authorities and we will co-operate with those authorities by disclosing your identity to them. In the event of such a breach, your right to use this website will cease immediately.

Governing law

These terms of use, their subject matter and their formation (and any non-contractual disputes or claims) are governed by the law of England and Wales. We each agree to the exclusive jurisdiction of the courts of England and Wales.

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