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IN BRIEF: Pembroke VCT posts increase in net assets in first half

19th Nov 2021 14:34

Pembroke VCT PLC - investor in companies in the design, education, food, beverage & hospitality, wellness, digital services and media sectors - Reports net asset value as at September 30 of 124.2 pence a share, up from 116.1p posted on March 31 and 113.1p recorded the year before. Having returned GBP22.1 million to shareholders since September and paying a dividend of 3p per share in November, the company says it will not proceed with a share buyback at this time.

"The company's recent performance has been strong, and we recognise the efforts of the investment manager behind this. We shall continue to work with them to generate further shareholder returns as they develop the portfolio," says Chair Jonathan Djanogly.

Current stock price: 111.00p

Year-to-date change: up 7.7%

By Evelina Grecenko; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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Pembroke Vct
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Value8,634.80
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