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Pembroke VCT Expands Capital Base with New B Share Allotment

Story Highlights
  • Pembroke VCT has allotted 496,870 new B Ordinary Shares under its ongoing subscription offer, priced near the latest NAV.
  • Total B Ordinary Shares now stand at 299,068,277, with the new shares set to join trading in April, expanding its investment capacity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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The latest update is out from Pembroke VCT ( (GB:PEMB) ).

Pembroke VCT plc has allotted 496,870 new B Ordinary Shares under its ongoing subscription offer for up to £40 million, with an additional £20 million over-allotment capacity. The shares were priced by reference to the 31 December 2025 unaudited net asset value of 100.2p, resulting in issue prices between 98.17p and 101.79p per share.

Following this latest issue, the company now has 299,068,277 B Ordinary Shares in issue, representing the total voting rights for regulatory disclosure purposes. Admission of the new shares to the FCA’s Official List and to trading on the London Stock Exchange is expected around 17 April 2026, bringing total shares issued under the current offer to 39,497,163 and further expanding Pembroke VCT’s capital base for venture investments.

The most recent analyst rating on (GB:PEMB) stock is a Hold with a £94.00 price target. To see the full list of analyst forecasts on Pembroke VCT stock, see the GB:PEMB Stock Forecast page.

Spark’s Take on PEMB Stock

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

The score is driven primarily by mixed fundamentals: an excellent, low-debt balance sheet is offset by persistent negative free cash flow and volatile results. Technicals are neutral-to-slightly positive but look overbought on RSI, while valuation is pressured by a very high P/E despite a strong dividend yield. Corporate events add a modest positive boost due to a profitable exit and higher dividends alongside capital-raising activity.

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

More about Pembroke VCT

Pembroke VCT plc is a UK-listed venture capital trust that raises funds from investors to back a diversified portfolio of smaller, growth-oriented companies. Its B Ordinary Shares provide exposure to this venture capital strategy, with the trust operating under the UK regulatory framework and offering its shares on the London Stock Exchange’s main market.

Average Trading Volume: 12,598

Technical Sentiment Signal: Buy

See more insights into PEMB stock on TipRanks’ Stock Analysis page.

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