PEMBROKE VCT PLC

Major Shareholding Notification • Apr 11, 2017

National Storage Mechanism | Additional information

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RNS Number : 2191C

Pembroke VCT PLC

11 April 2017

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii				Pembroke VCT plc
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights					Yes
Other (please specify):
3. Full name of person(s) subject to the notification obligation: iii		Ruffer LLP (for its discretionary clients of the Ruffer Group)
4. Full name of shareholder(s) (if different from 3.):iv
5. Date of the transaction and date on which the threshold is crossed or reached: v		10 April 2017
6. Date on which issuer notified:		11 April 2017
7. Threshold(s) that is/are crossed or reached: vi, vii		12% to 9%

8. Notified details:
A: Voting rights attached to shares viii, ix
Class/type of shares if possible using the ISIN CODE	Situation previous to the triggering transaction						Resulting situation after the triggering transaction
Number of Shares			Number of Voting Rights			Number of shares		Number of voting rights			% of  voting rights x
Direct		Direct xi		Indirect xii	Direct			Indirect
GB00B89W2T50	3,534,000			3,534,000			3,534,000		3,534,000		-	9%			-
GB00BQVC9S79	635,000			635,000			635,000		635,000		-	-
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument			Expiration date xiii		Exercise/ Conversion Period xiv					Number of voting rights that may be acquired if the instrument is exercised/ converted.				% of voting rights
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Type of financial instrument		Exercise price		Expiration date xvii		Exercise/ Conversion period xviii			Number of voting rights instrument refers to				% of voting rights xix, xx
Type of financial instrument													Nominal			Delta
Total (A+B+C)
Number of voting rights								Percentage of voting rights
4,169,000								9%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
N/A
Proxy Voting:
10. Name of the proxy holder:		N/A
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:	Ruffer LLP controls the voting rights over 4,169,000 shares (now 9% of the voting rights) of Pembroke VCT plc which are held by the discretionary clients of Ruffer LLP and its subsidiaries (the voting of which is all controlled by Ruffer LLP). This change from 12% to 9% is due to a recent placing of 8,851,158 new B Class Ordinary Shares in addition to the 15,261,220 existing B Ordinary Shares and 18,092,297 existing Ordinary Shares issued by Pembroke VCT plc. The new shares were admitted to the market on 10 April 2017. The total number of voting rights in Pembroke VCT plc is now 42,204,675.
14. Contact name:	Louise Stanway
15. Contact telephone number:	020 7963 8146

This information is provided by RNS

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