16th Oct 2019 17:29
(Alliance News) - Pembroke VCT said Wednesday its B share bonus has ceased to apply after it accepted applications for GBP5.0 million under its subscription offer.
The company launched an offer for subscription for up to GBP20 million of B shares with an over-allotment facility for up to a further GBP20 million of B shares on September 2019.
Having received an accepted application forms for GBP5.0 million of subscription monies, the venture capital trust said the 1.25% B share bonus has now "ceased to apply".
A 0.75% bonus applies to the second GBP5 million of subscription monies received by the end of January 2020.
Pembroke shares closed unchanged in London at 98.00 pence each on Wednesday.
By Loreta Juodagalvyte; [email protected]
Copyright 2019 Alliance News Limited. All Rights Reserved.
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