Pembroke Vct Regulatory News (PEMB)

Pembroke VCT plc (the "Company")

Dividend Declaration

The board of the Company is pleased to announce that a resolution is included in the Notice of Annual General Meeting ("AGM") for shareholder approval of a proposed final dividend of 3p per Ordinary share and 3p per B Ordinary share to be paid on 31 October 2019. If the dividend is approved by shareholders at the AGM, the ex-dividend date for both share classes will be 26 September 2019 and the record date for payment will be 27 September 2019.

The last date for receipt of elections in respect of the Dividend Investment Scheme is 14 October 2019.

For further information, please contact:

Pembroke Investment Managers LLP (Manager)

020 7766 2836

Andrew Wolfson

The City Partnership (UK) Limited (Company Secretary)

0131 243 7215

Doreen Nic

Cornerstone Communications

07917 080 365

Richard Acworth

29 July 2019