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Pembroke VCT PLC Allots New B Ordinary Shares in Subscription Offer

Story Highlights
  • Pembroke VCT PLC has allotted 11,886,775 B Ordinary Shares in a subscription offer.
  • The total number of B Ordinary Shares now stands at 264,441,304, with trading expected soon.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Pembroke VCT PLC Allots New B Ordinary Shares in Subscription Offer

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

Pembroke VCT PLC has announced the allotment of 11,886,775 B Ordinary Shares as part of an Offer for Subscription, which aims to raise up to £40 million, with an additional over-allotment facility of £20 million. The shares were priced based on the unaudited net asset value as of December 31, 2024, and have increased the total number of B Ordinary Shares to 264,441,304. This move will enable shareholders to calculate their interests under the FCA’s Disclosure Guidance and Transparency Rules. The newly allotted shares are expected to be listed on the London Stock Exchange shortly, with dealings commencing around April 8, 2025.

More about Pembroke VCT

Average Trading Volume: 2,764

Technical Sentiment Signal: Buy

Learn more about PEMB stock on TipRanks’ Stock Analysis page.

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