Foresight Technology VCT PLC Shares Allotment Announcement
Company Overview
Foresight Technology VCT PLC specializes in investing in technology-focused businesses. The company plays an essential role in providing shareholders with opportunities in innovative sectors.
Recent Allotment of FWT Shares
The Board of Foresight Technology VCT PLC is thrilled to share news of a successful allotment of shares. According to the recent offer for subscription, a total of 1,274,718 Foresight Williams Technology Shares (FWT Shares) were allotted at varied offer prices from 98.3p to 104.6p, based on an unaudited net asset value of 98.3p per share.
This allotment, executed on December 5, 2024, has taken significant steps towards bolstering the company's capital base and responding effectively to investor interest.
Admission to the Official List
In conjunction with the allotment, Foresight Technology VCT PLC has submitted an application for the inclusion of these shares in the FCA’s Official List. Trading is expected to commence on London Stock Exchange's market for listed securities around December 6, 2024.
Growth and Future Outlook
As of this announcement, the total number of FWT Shares allotted under the current offer has reached 2,493,884. This brings the total issued FWT Shares to 37,923,821. Such growth indicates a positive trend in the demand for shares in Foresight Technology and reflects a strong investor confidence in the company's future.
Foresight Technology VCT PLC aims to continue building upon this momentum, seeking additional investment opportunities within the technology sector that can provide growth and returns for its shareholders.
Contact Information
For further inquiries about this announcement or investment opportunities, please reach out to Gary Fraser from Foresight Group at 020 3667 8181.
Frequently Asked Questions
What are FWT Shares?
FWT Shares refer to Foresight Williams Technology Shares, which represent an investment opportunity in technology-focused businesses.
What was the offer price for the shares?
The offer prices for the FWT Shares ranged from 98.3p to 104.6p based on the net asset value.
When will the shares be traded on the London Stock Exchange?
Trading for the newly allotted shares is expected to commence around December 6, 2024.
How many shares were allotted in this recent announcement?
A total of 1,274,718 FWT Shares were allotted in the recent announcement.
Who can I contact for more information?
For more information, you can contact Gary Fraser from Foresight Group at 020 3667 8181.