Pembroke VCT Splashes Out A £60 Million Offer
Almost 60 million pounds is now up for grabs—£40 million of the core offering, plus an extra £20 million made available through a secondary allotment. It’s the kind of sweet deal that makes investors sit up and check the market just for a minute.
Who’s on the Block?
- Net assets for the VCTs now sit at roughly £224.1 million.
- The combined portfolio includes about 45 businesses, spanning premium consumer brands, cutting‑edge technology, and top‑tier business services.
Hot Picks From the Portfolio
- LYMA Life – the medical‑grade beauty laser & supplement company that’s buzzing.
- Five Guys UK – the UK arm of the craving‑worthy burger chain.
- Other gems like Pasta Evangelists, the tasty fresh‑pasta delivery line, and ME+EM, the luxe fashion house that’s a regular on royal and political agendas.
Track Record That’s Hard to Beat
Over the past five years leading up to June 2024, the VCTs delivered an average NAV total return of 18.3%. They even aim to pay out a dividend of 5p a year, with the latest ex‑dividend NAV hovering around 102.6p.
Take From the Experts
Jonathan Moyes, Head of Investment Research at Wealth Club, said:
“Since launching its first VCT in 2013, Pembroke has built a winning streak backing premium brands. Past successes include Pasta Evangelists and ME+EM, which together delivered a staggering 16.1‑fold return in 2022. The VCT’s latest major holding, LYMA Life, grew from an initial £2 million stake to a valuation of £31.2 million.”
“With a seasoned lead manager, Andrew Wolfson, and the sturdy support of Oakley Capital, this VCT can punch above its weight at early stage, without worrying about betting the ranch. That’s a win for risk management and portfolio growth.”
“Ultimately, this distinctive VCT makes a great complement to any broader VCT strategy.”
Why It Matters
- Robust management plus access to a 200+ million‑pound capital pool.
- Cutting‑edge innovation in sectors where many peers shy away.
- Potential to score high returns in a business landscape that’s primed for disruption.
Bottom Line
With an eye on premium brands and a history of smashing out gaudy gains, the Pembroke VCT is setting the stage for another round of big‑spending, big‑return moves. The £60 million offer could be the ticket for any investor ready to sit on the sidelines for a taste of the next winning story.
