Pembroke VCT Issues New Shares Under Dividend Scheme

An update from Pembroke VCT ( (GB:PEMB) ) is now available.

Pembroke VCT plc has announced the issuance of 661,357 B Ordinary Shares at a price of 97.3p per share as part of its Flexible Dividend Reinvestment Scheme. This issuance increases the total number of B Ordinary shares to 261,892,748, which also represents the total number of voting rights. The company plans to list these shares on the London Stock Exchange, with trading expected to commence on or around 2 June 2025, potentially impacting shareholder calculations under the FCA’s rules.

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: 1,220,123

Technical Sentiment Signal: Hold

For an in-depth examination of PEMB stock, go to TipRanks’ Stock Analysis page.