26 Nov 2013 14:20
Pembroke VCT plc (the "Company")
Issue of Ordinary Shares of 1p each ("Ordinary Shares") pursuant to an Offer for Subscription to raise up to £20 million (the "Offer")
An allotment of shares took place on 25 November 2013 in respect of 310,000 Ordinary Shares pursuant to the Offer. The Offer price at which the Ordinary Shares were allotted was 100p per share.
Following the allotment announced above, the total number of Ordinary Shares in issue (including 2 Ordinary Shares issued as subscriber shares) is 14,777,002 which represent the total voting rights of the Company.
Application for the Ordinary Shares to be admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's market for listed securities will be made shortly and dealings are expected to commence on or around 29 November 2013. CREST accounts are expected to be credited within five business days of allotment and definitive documents of title are expected to be dispatched within ten business days of allotment.
The Offer will remain open, as permitted under the prospectus, until no later than 31 January 2014, subject to earlier closure at the discretion of the directors.
For further information please contact:
Pembroke VCT plc
+44 20 7766 6900
Peter Dubens / Andrew Wolfson
FTI Consulting
+44 20 7831 3113
Edward Bridges
Palmer Capital LLP (Promoter)
+44 20 7766 6900
Georgina Cadbury / James Bruce
Howard Kennedy Corporate Services LLP (Sponsor)
+44 207 636 1616
Keith Lassman
The City Partnership (UK) Limited (Company Secretary)
+44 131 243 7215
Doreen Nic