Foresight Enterprise VCT Purchases 3.7 Million Shares for Cancellation

Author: Addison Perry Updated: 05-14-2025 11:15 AM

Foresight Enterprise VCT plc Announces Share Purchase

FORESIGHT ENTERPRISE VCT PLC
LEI: 213800MWJNR3WZZ3ZP42

In a significant development, the Board of Foresight Enterprise VCT plc has revealed the purchase of 3,753,440 Ordinary Shares at a gross price of 48.83p per share. This transaction took place as part of the company’s ongoing strategy to manage its capital efficiently and create value for shareholders.

Understanding the Share Purchase

This noteworthy buyback demonstrates the Company’s commitment to enhancing shareholder equity. By purchasing these shares for cancellation, Foresight Enterprise VCT aims to reduce the number of shares in circulation, effectively increasing the value of remaining shares for investors. With this purchase completed, the Company’s total outstanding shares now stand at 312,778,110, which is crucial for integrating into future financial analyses.

Capital Structure Post-Transaction

This strategic move sees the Company maintaining 312,778,110 Ordinary Shares with an equal number of voting rights attached. Importantly, there are no Treasury shares held by the Company, making all remaining shares valuable for active shareholders. The reduced number of voting rights means that shareholders will have a multiplied influence on their stakes, eventually leading to a strengthened position for investors involved with the Company.

Regulatory Compliance and Transparency

Foresight Enterprise VCT has assured compliance with the FCA's Disclosure and Transparency Rules. Following the share purchase, the Company confirmed that all insider information was rendered public before concluding the transaction. This adherence not only reflects the Company's integrity but further fosters a trusting relationship with stakeholders.

Looking Ahead

As Foresight Enterprise VCT navigates through market challenges, this share repurchase initiative is part of a broader strategy focused on enhancing shareholder returns. By reducing the number of shares outstanding, the Board aims to strengthen the Company’s overall market position, potentially leading to attractive investment opportunities in the future.

Company Contact Information

For further inquiries regarding this transaction or any other company matters, investors and stakeholders can reach out to the following contacts:

Company Secretary:
Foresight Group LLP
Contact: Gary Fraser Tel: 0203 667 8100

Investor Relations:
Foresight Group LLP
Contact: Andrew James Tel: 0203 667 8181

Frequently Asked Questions

What was the purpose of the share purchase by Foresight Enterprise VCT?

The share purchase aims to enhance shareholder value by reducing the number of shares in circulation, which increases the value of remaining shares.

How many shares were purchased in this transaction?

The Company purchased 3,753,440 Ordinary Shares for cancellation in this transaction.

What is the significance of the voting rights after the share buyback?

Post-purchase, the total number of voting rights is 312,778,110, empowering shareholders as they influence decisions that impact the Company.

When was the transaction announced?

The transaction was announced shortly after its completion on 13 May 2025.

Who can be contacted for further information regarding this transaction?

Investors can reach out to Gary Fraser or Andrew James at Foresight Group LLP for more details.

About The Author

Hello, I'm 30-year-old financial writer and expert Addison Perry, and I love to simplify the intricacies of the financial industry. I've committed myself over the years to deciphering the subtleties of investing techniques and economic trends and converting them into doable guidance that anybody can use. My goal with writings and books is to make money interesting and approachable so that readers may take charge of their financial futures.

My enthusiasm to empowerment and education has propelled me through my career in finance. I write because I think that everyone should be able to make educated financial decisions, and I try to provide that. Regardless of experience level with investing, my work is intended to provide insightful analysis and practical advice to enable you to thrive in the always changing financial environment. I appreciate you traveling with me toward success and financial literacy.

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