Pembroke VCT PLC Issue of Equity (6795V)
April 06 2023 - 10:06AM
UK Regulatory
TIDMPEMB
RNS Number : 6795V
Pembroke VCT PLC
06 April 2023
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 GBP40 million of B
Ordinary Shares with an over-allotment facility for up to a further
GBP20 million of B Ordinary Shares (the "Offer")
On 6 April 2023, 655,547 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 31 December 2022
of 118.8p per B Ordinary Share. The offer prices at which the
Shares were issued and allotted ranged from 118.81p to 125.06 p per
B Ordinary Share.
Following the allotment above, the total number of B Ordinary
shares in issue is 192,558,002 . Therefore, the total number of
voting rights in the Company is 192,558,002. 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 21 April
2023. 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 25,268,760 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
+44 20 3755 5561
Seven Hills PR
Gary O'Sullivan
0781 790 3406
gary.osullivan@wearesevenhills.com
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
IOEUNRSROUUSRAR
(END) Dow Jones Newswires
April 06, 2023 10:06 ET (14:06 GMT)
Pembroke Vct (LSE:PEMB)
Historical Stock Chart
From Apr 2024 to May 2024
Pembroke Vct (LSE:PEMB)
Historical Stock Chart
From May 2023 to May 2024