This
announcement replaces the announcement with RNS number: 5913H made
on 9 October 2024 at 3.24pm for the issue of equity. The
approximate date for the commencement of dealings was stated
incorrectly.
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 £40 million of B Ordinary Shares
with an over-allotment facility for up to a further £20 million of
B Ordinary Shares (the "Offer")
On 9 October
2024, 1,610,329 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 June 2024 of 102.8p,
adjusted for the dividend with a record date of 6
September 2024 and payable on 4 October 2024 of 2.0p per B Ordinary
Share. The offer prices at which the
Shares were issued and allotted ranged
from 100.81p to 107.81p per B Ordinary
Share.
Following the allotment above, the
total number of B Ordinary Shares in issue
is 218,641,514. Therefore, the total
number of voting rights in the Company is 218,641,514. 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 Guidance and Transparency Rules.
Application for the Shares to be
admitted to the Official List of the Financial Conduct 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 27 November 2024. 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.
Following this allotment, the total
number of shares issued pursuant to the Offer
is 1,610,329 B Ordinary Shares.
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)
enquiries@city.uk.com
Keith Lassman
Howard Kennedy Corporate Services
LLP
keith.lassman@howardkennedy.com