Foresight Technology VCT Passes Resolution at General Meeting

Author: Logan Wright Updated: 02-27-2025 02:16 AM

Foresight Technology VCT plc Announcement

FORESIGHT TECHNOLOGY VCT PLC
LEI: 21380013CXOR8N6OD977

GENERAL MEETING UPDATE

The Board of Foresight Technology VCT plc is thrilled to announce that a significant event took place at the company's General Meeting. The meeting was held recently, and the sole resolution proposed was successfully passed by a show of hands, indicating strong support from the shareholders.

Voting Details

In a show of confidence, proxy votes were received for 1,026,247 FWT Shares. This represented 2.57% of the issued share capital. Here’s how the voting went:

Resolution Results

The voting results were as follows:

Resolution 1:
Votes For: 888,320
Votes at Discretion of Chair: 137,474
Votes Against: 453

This robust participation reflects great confidence from the shareholders in the company's direction and initiatives.

Next Steps

Following this positive outcome, a copy of the resolutions passed at the General Meeting will be submitted to the National Storage Mechanism. This action is in accordance with UK Listing Rules, ensuring transparency and compliance.

Contact Information

For additional information, stakeholders are encouraged to reach out to the company directly:

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

Investor Relations:
Foresight Group LLP
Contact: Andrew James, Tel: 0203 7636914

Frequently Asked Questions

What was the purpose of the General Meeting?

The General Meeting was held to propose and vote on a significant resolution regarding the future operations of Foresight Technology VCT plc.

How many shares were involved in the voting?

A total of 1,026,247 FWT Shares, equating to 2.57% of the issued share capital, were represented in the voting.

What were the voting results?

The voting results indicated strong support, with 888,320 votes in favor, 137,474 votes at discretion, and only 453 votes against.

Where can I find the resolution details?

A copy of the resolutions will be submitted to the National Storage Mechanism as per compliance with UK Listing Rules.

Who can I contact for more information?

For more details, you can contact Gary Fraser at Foresight Group LLP or Andrew James in Investor Relations.

About The Author

Dedicated Author and financial expert Logan Wright here, 29 years old. After earning an economics degree, I spent a number of years working in different financial industries. My great passion is enabling everyone, from any background or experience level, to understand and be literate in financial matters.

My books and writings are centered on simplifying difficult financial ideas into doable, understandable guidance. Whether it's retirement planning, investing, or budgeting, I want to arm readers with the information they need to make wise financial choices and realize their financial objectives.

Apart from writing, I also frequently post to financial blogs and organize webinars and workshops targeted at enlightening participants about personal finance. Always, my strategy is to offer concise, doable advice that can truly improve people's lives.

Away from work, I like to read, travel, and sample new foods. My goal is to infuse everything I do with the balance that I think is essential to both financial and personal well-being. By my profession, I want to encourage and enable people to confidently and clearly take charge of their financial futures.

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