23rd Mar 2022 14:01
Pembroke VCT PLC - venture capital trust that invests in companies in design, education, food, beverage & hospitality, wellness, digital services and media sectors - Exits entire stake in luxury women's fashion brand ME+EM, having first invested in 2015. Doesn't say to whom the stake was sold or provide any financial details of the transaction, but says it realised a 16-times return on the investment.
Current stock price: 115.00 pence
12-month change: up 11%
By Tom Waite; [email protected]
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