Pembroke VCT ( (GB:PEMB) ) just unveiled an update.
Pembroke VCT plc has announced the allotment of 5,903,329 B Ordinary Shares as part of an offer for subscription aiming to raise up to £40 million, with an additional over-allotment facility of £20 million. The shares were issued at prices ranging from 100.30p to 107.67p per share, based on the unaudited net asset value as of December 31, 2024. This allotment brings the total number of B Ordinary Shares in issue to 248,229,680, which also represents the total voting rights in the company. The shares are expected to be admitted to the Official List of the Financial Conduct Authority and commence trading on the London Stock Exchange around March 7, 2025. This move is significant for stakeholders as it increases the company’s capital base and potentially enhances its market presence.
More about Pembroke VCT
Average Trading Volume: 453
Technical Sentiment Consensus Rating: Buy
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