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Pembroke VCT Allots New B Ordinary Shares in Subscription Offer

Story Highlights
  • Pembroke VCT issued 3,931,855 B Ordinary Shares as part of a £40 million offer.
  • Trading of new shares on the London Stock Exchange is expected to start on November 28, 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Pembroke VCT Allots New B Ordinary Shares in Subscription Offer

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Pembroke VCT ( (GB:PEMB) ) has shared an announcement.

Pembroke VCT plc has announced the allotment of 3,931,855 B Ordinary Shares as part of their subscription offer, which aims to raise up to £40 million with an additional over-allotment facility of £20 million. The shares were issued at prices ranging from 99.00p to 104.77p per share, based on the unaudited net asset value as of September 30, 2025. This issuance brings the total number of B Ordinary Shares to 267,003,249, with trading on the London Stock Exchange expected to commence around November 28, 2025. This move is part of Pembroke VCT’s strategic efforts to enhance its capital base, potentially impacting its market positioning and providing shareholders with updated voting rights.

Spark’s Take on GB:PEMB Stock

According to Spark, TipRanks’ AI Analyst, GB:PEMB is a Neutral.

Pembroke VCT’s overall stock score of 53.6 reflects significant financial struggles due to negative profitability and cash flow. However, a strong balance sheet and positive corporate events, such as strategic share issuances, provide some optimism. Technical indicators are neutral, and valuation metrics are weak due to negative earnings.

To see Spark’s full report on GB:PEMB stock, click here.

More about Pembroke VCT

Average Trading Volume: 1,393,906

Technical Sentiment Signal: Buy

For a thorough assessment of PEMB stock, go to TipRanks’ Stock Analysis page.

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