Latest News
The latest news from Pembroke, concerning new and
existing business, press, finance, and more.
12/05/2021
Net Asset Value per B Ordinary Share
Pembroke VCT plc The Company announces that the unaudited net asset value per B Ordinary Share as at 31 March 2021 is 114.8p per B Ordinary Share. For further information, please contact: Andrew Wolfson / Chris Lewis Pembroke Investment Managers LLP (Manager) +44 20 7766 6900 Robin Smeaton The City Partnership (UK) Limited (Company Secretary) […]
12/05/2021
Investment Exit and Declaration of Special Dividend
Pembroke VCT plc In June 2013, Pembroke VCT plc (the “Company”) first invested in Plenish, the plant-based milks, cold-pressed juices and shots company. Since then, Plenish has continued to grow and the Company made further investments to support the founder Kara and her team with this growth. Plenish has now been sold to Britvic plc […]
10/05/2021
Pembroke VCT expands team with two new appointments
Stefania Ponzo joins as Portfolio Director and Angus Nodder as Investment Associate Pembroke VCT plc, the venture capital trust focused on building the businesses of tomorrow, has expanded the team with the appointment of Stefania Ponzo as Portfolio Director and Angus Nodder as Investment Associate, effective 4 May and 1 June respectively. These new appointments follow Pembroke VCT’s £40m record fundraise. Stefania will be working alongside Andrew Wolfson (CEO), focusing on existing investments within the Pembroke VCT portfolio. Stefania has twelve years’ experience in venture capital funds and private […]
13/04/2021
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 13 April 2021, 1,412,708 B Ordinary […]
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 […]
