Pembroke VCT Raises Up to £60 Million Through Equity Offer
The venture capital trust has announced a major equity raise of up to £60 million, with the funds likely to be used for general corporate purposes and growth investments.
The venture capital trust has announced a major equity raise of up to £60 million, with the funds likely to be used for general corporate purposes and growth investments.
The investment company has announced a director has sold a portion of their shareholding.
The investment fund raised £40 million in an oversubscribed offer, with an additional £20 million over-allotment facility. The shares were issued at a premium to the previous closing price, suggesting strong investor appetite.
The investment company has closed its offer for subscription of new shares, with the final allotment to take place on 23 April 2025.
The CEO of Pembroke Investment Managers LLP, the manager of Pembroke VCT plc, has purchased 20,140 shares in the company.
The retailer has announced a director has purchased additional shares in the company.
The prominent investment company has raised up to £60 million through an equity offering, with the new shares priced at a premium to the previous closing price.
The retailer has announced a small equity raise at a premium to the previous closing price, suggesting investor appetite for the company's shares.