Offer for subscription closing date

Pembroke VCT plc

Offer for Subscription: Closing Date for New Applications

Further to the offer for subscription for B ordinary shares of Pembroke VCT plc (the "Company") that opened on 29 August 2018 (the "Offer"), the board of directors of the Company announces that the Offer will close to new applications at 5.30 pm on Friday 28 June 2019.

A copy of the Prospectus (including Application Form) is available, free of charge, from the registered office of the Company at 3 Cadogan Gate, London, SW1X 0AS.

The Prospectus has been submitted to the National Storage Mechanism and is available for viewing online at the following website:

http://www.morningstar.co.uk/uk/nsm

For further information, please contact:

Oakley Investment Managers LLP (Manager)

020 7766 2836

Andrew Wolfson

The City Partnership (UK) Limited (Company Secretary)

0131 510 7465

Doreen Nic

Cornerstone Communications

07917 080 365

Richard Acworth