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NEUTRAL

Pembroke VCT Closes Subscription Offer

Why we think this is neutral

The RNS announcement is regarding the close of an offer for subscription of B Ordinary Shares by Pembroke VCT plc. This type of announcement does not contain any financial updates or operational news that would significantly impact the company's performance or outlook. Therefore, a neutral sentiment score is appropriate.

Key Points

  • Offer for Subscription of up to £40 million B Ordinary Shares closed on 22 April 2025
  • Over-allotment facility of up to a further £20 million B Ordinary Shares
  • Final allotment of shares to be held on 23 April 2025

Summary

The investment company has closed its offer for subscription of new shares, with the final allotment to take place on 23 April 2025.

Pembroke VCT plc has announced that the Offer for Subscription for up to £40 million of B Ordinary Shares with an over-allotment facility for up to a further £20 million of B Ordinary Shares will close at 9.00am on Tuesday 22 April 2025. The final allotment of shares under the Offer will be held on Wednesday 23 April 2025.

GENERAL UPDATE