Pembroke 20/21 and 21/22 Offer Now Open
We are pleased to announce that Pembroke VCT plc has launched a new share offer to raise up to £40 million. The current offer is seeking to raise up to £20 million with a £20 million overallotment facility. After raising over £109 million since 2012, Pembroke has invested £74.4 million in 45 companies. The Board is pleased with the performance to date and the continued progress of the portfolio. The additional cash will allow the Company to grow its existing portfolio of investments, take advantage of a healthy pipeline of prospective investment opportunities and seek to embark on a share buyback programme.
Pembroke VCT is focused on growth investing, typically backing consumer brands with premium pricing potential. It invests mainly in six sectors: wellness; food, beverage & hospitality; education; design (previously “apparel & accessories”); media; and digital services.