Intention to launch an offer for subscription

Pembroke VCT plc

Intention to Launch an Offer for Subscription

The directors of Pembroke VCT plc (the "Company") are pleased to announce their intention to launch a new offer for subscription (the "Offer") of new B Ordinary Shares for subscription in the 2020/2021 and 2021/2022 tax years.

Full details of the Offer will be contained in a prospectus that is expected to be published in September

For further information, please contact:

Doreen Nic

The City Partnership (UK) Limited (Company Secretary)

+44 131 243 7210

Andrew Wolfson / Chris Lewis

Pembroke Investment Managers LLP (Manager)

+44 20 7766 6900

Keith Lassman

Howard Kennedy Corporate Services LLP

+44 20 3755 5561