13th Nov 2020 14:46
Pembroke VCT PLC - early stage investor in the leisure and luxury brands space - Net asset value per share at September 30, end of first half, amounts to 113.1 pence, improved 2.5% from NAV per share of 110.3p from B share class at end of March. Compared to ordinary share class, NAV per share slips 1.4% from end of March. Pembroke notes ordinary shares were converted into B shares back in August. "The social and economic impact of COVID-19 continues to be felt across the portfolio. Some of our portfolio companies in the wellness and food, beverage & hospitality sectors had to close in line with government guidelines over the summer, however on coming out of lockdown they resumed trading successfully in a COVID-19 secure manner. Going into the second lockdown, we are confident consumers will return to their previous habits once they are able to do so," Pembroke says.
Current stock price: 104.50p
Year-to-date change: down 1.9%
By Eric Cunha; [email protected]
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