PEMB Pembroke Vct Plc

Pembroke VCT plc (the "Company")

Directorate Change

The Company announces a change to its board of directors ("Board") and a consequential change in the role of two directors:

·    Laurence Blackall, who has been a director of the Company since 2012, will retire from the Board with effect from 1 November 2024.  Laurence will also, with effect from 12 September 2024, cease his roles as Chair of the Company's Audit, Risk & Valuations Committee and Chair of the Company's Management Engagement Committee; and

·    Mark Stokes is appointed as Chair of the Audit, Risk & Valuations Committee and Chris Allner is appointed as Chair of the Management Engagement Committee with both appointments effective from 12 September 2024.

Jonathan Djanogly, the Board's Chair commented:

"We thank Laurence for his contribution to the Pembroke VCT since its inception during which time the Company has grown to over £200m of assets under management."

13 September 2024

For further information, please contact:

Andrew Wolfson / Chris Lewis

Pembroke Investment Managers LLP (Manager)

+44 20 7766 6900

Robin Smeaton

The City Partnership (UK) Limited (Company Secretary)

enquiries@city.uk.com

Keith Lassman

Howard Kennedy Corporate Services LLP

keith.lassman@howardkennedy.com