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Pembroke VCT ( (GB:PEMB) ) has shared an announcement.
Pembroke VCT plc has announced the allotment of 3,988,261 B Ordinary Shares as part of an offer for subscription aimed at raising up to £40 million, with an additional over-allotment facility of up to £20 million. The shares were issued at prices ranging from 99.30p to 107.35p per share, based on the unaudited net asset value as of December 2024. This increases the total number of B Ordinary Shares in issue to 252,217,941, which also represents the total number of voting rights. The company plans to have these shares admitted to the Official List of the Financial Conduct Authority and commence trading on the London Stock Exchange around 28 March 2025. This move is expected to enhance the company’s financial flexibility and market presence.
More about Pembroke VCT
Average Trading Volume: 453
Technical Sentiment Consensus Rating: Buy
Find detailed analytics on PEMB stock on TipRanks’ Stock Analysis page.