Pembroke VCT Closes £60 Million Share Subscription Offer
Funding | Apr 14, 2025 | Pembroke VCT
Pembroke VCT, a Venture Capital Trust, has announced the closing date for its Offer for Subscription of B Ordinary Shares aiming to raise £40 million, with an additional £20 million through an over-allotment facility, on April 22, 2025. The company aims to gather subscriptions and cleared funds by 9:00 AM. Pembroke VCT provides investors an opportunity to contribute to this investment initiative before the closure. This offering is part of Pembroke's strategy to significantly bolster its investment capital for future undertakings, primarily focusing on supporting developing businesses. This capital raising activity is aligned with the company's broader investment strategy to expand its financial resources for portfolio diversification and growth.
Sectors
- Venture Capital
- Financial Services
Geography
- United Kingdom – Pembroke VCT is a UK-based investment trust, indicating that the offer and its regulatory processes are based in the United Kingdom.
Industry
- Venture Capital – Pembroke VCT is engaged in activities typical of the venture capital sector, which involves raising funds from investors to invest in high-potential companies.
- Financial Services – The offering of B Ordinary Shares for subscription indicates activity within the financial services industry, specifically in investment funds and financial instruments.
Financials
- £60 million – The total potential offering amount, consisting of £40 million in B Ordinary Shares with an optional £20 million over-allotment.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Pembroke VCT | Bidding Company | Company | Pembroke VCT is a Venture Capital Trust that is offering the subscription for B Ordinary Shares to raise additional funds. |