TIDMPEMV TIDMPEMB

RNS Number : 1330Q

Pembroke VCT PLC

16 October 2019

16 October 2019

Pembroke VCT plc

(the "Company")

Offer for subscription update

Further to the Company's offer for subscription for up to GBP20 million of B Ordinary Shares with an over-allotment facility for up to a further GBP20 million of B Ordinary Shares, that was launched on 2 September 2019 (the "Offer"), the Company has now received and accepted application forms for GBP5,000,000 of subscription monies and so the 1.25% B Ordinary Share bonus has ceased to apply.

In accordance with the terms of the Offer, a 0.75% B Ordinary Share bonus applies to the second GBP5,000,000 of subscriptions monies received and accepted by 31 January 2020.

For further information, please contact:

Pembroke Investment Managers LLP (Manager)

020 7766 2836

Andrew Wolfson

The City Partnership (UK) Limited (Company Secretary)

0131 243 7215

Doreen Nic

Cornerstone Communications

+44 7917 080 365

Richard Acworth

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END

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(END) Dow Jones Newswires

October 16, 2019 11:07 ET (15:07 GMT)

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