TIDMPEMB

RNS Number : 2818Y

Pembroke VCT PLC

11 May 2021

11 May 2021

Pembroke VCT plc

Investment Exit and Declaration of Special Dividend

In June 2013, Pembroke VCT plc (the "Company") first invested in Plenish, the plant-based milks, cold-pressed juices and shots company. Since then, Plenish has continued to grow and the Company made further investments to support the founder Kara and her team with this growth.

Plenish has now been sold to Britvic plc and the Company's board of directors ("Board") is pleased to announce that the Company has received a 2.3x return.

The Board has resolved to pay a special dividend of 4.0 pence per B-Ordinary share on 21 June 2021. The record date for the interim dividend is 21 May 2021, t he ex-dividend date is 20 May 2021 and the last date for receipt of elections in respect of the interim dividend under the Company's dividend investment scheme is 7 June 2021.

In addition, the Board will be recommending to the forthcoming AGM a final dividend of 3.0 pence per B-Ordinary share to be paid on 22 November 2021 which would have a record date of 22 October 2021, an ex-dividend date of 21 October 2021 and a last date for receipt of elections under the Company's dividend investment scheme of 5 November 2021.

For further information, please contact:

Andrew Wolfson / Chris Lewis

Pembroke Investment Managers LLP (Manager)

+44 20 7766 6900

Robin Smeaton

The City Partnership (UK) Limited (Company Secretary)

enquiries@city.uk.com

Keith Lassman

Howard Kennedy Corporate Services LLP

+44 20 3755 5561

Media enquiries (Press Office)

Zoe Powell

Share Communications

team@sharecomms.co.uk

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DIVABMATMTJBBPB

(END) Dow Jones Newswires

May 11, 2021 11:39 ET (15:39 GMT)

Pembroke Vct (LSE:PEMB)
Gráfica de Acción Histórica
De Feb 2024 a Mar 2024 Haga Click aquí para más Gráficas Pembroke Vct.
Pembroke Vct (LSE:PEMB)
Gráfica de Acción Histórica
De Mar 2023 a Mar 2024 Haga Click aquí para más Gráficas Pembroke Vct.