Pembroke VCT Updates Market on New Share Admission and Voting Rights

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

Pembroke VCT plc has admitted a further 1,160,939 B Ordinary Shares to trading on the London Stock Exchange’s Main Market following recent allotments under its Flexible Dividend Reinvestment Scheme, bringing the total number of B Ordinary shares in issue to 274,046,551, all fully fungible with existing B shares. As a result, the total voting rights in the company now stand at 274,046,551, a figure shareholders are instructed to use as the denominator when assessing whether they must disclose holdings or changes in holdings under the FCA’s Disclosure Guidance and Transparency Rules.

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 GB:PEMB Stock

According to Spark, TipRanks’ AI Analyst, GB: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 GB:PEMB stock, click here.

More about Pembroke VCT

Pembroke VCT plc is a UK-listed venture capital trust investing in smaller, growth-oriented companies, with its shares admitted to trading on the London Stock Exchange’s Main Market. The trust provides investors with exposure to a diversified portfolio of early-stage and expanding businesses, while benefitting from the tax advantages associated with the VCT structure.

Average Trading Volume: 344

Technical Sentiment Signal: Buy

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