Foresight Technology VCT plc Announces Equity Issuance Update

Author: Olivia Taylor Updated: 06-06-2025 08:30 AM

Foresight Technology VCT plc: Key Equity Issuance Announcement

Foresight Technology VCT plc has made an important announcement regarding its latest equity issuance. The Board is excited to share details about the recent allotment of Foresight Williams Technology Shares, also known as FWT Shares, which underscores the company’s ongoing commitment to enhancing shareholder value.

Overview of the Share Allotment

In line with the terms of the Offer for Subscription that was initiated on 5 September 2024, the Company has successfully allotted 326,205 FWT Shares, each with a nominal value of 1p. These allotments were executed on a specified date and priced between 91.4p and 97.2p, correlating with an unaudited net asset value of 91.4p per share. This strategic move aligns with Foresight’s growth objectives.

Following this recent allotment, the total number of shares issued under this offer has now reached an impressive 9,376,504 FWT Shares. The total shares currently in circulation stand at 44,747,455, reflecting healthy growth in the shareholder base of the Company and indicating robust investor confidence in Foresight's strategies and future potential.

Implications of the Allotment

The admission of these newly allotted FWT Shares to the Official List of the FCA is anticipated shortly, and the trading is expected to commence on the London Stock Exchange plc’s market for listed securities. Such placements are crucial in enhancing liquidity and providing further investment opportunities for both current and prospective investors.

These developments mark significant milestones for Foresight Technology VCT plc as they continue on their path of expansion and innovation. The response from the market has been encouraging, demonstrating a positive outlook on the Company's direction.

Contact for More Information

If you require additional details or have questions regarding this release, please reach out to Steve Thayer at Foresight Group by dialing 020 3667 8181. The team is always available to provide insights and clarify any inquiries you may have.

Frequently Asked Questions

What shares were allotted by Foresight Technology VCT plc?

326,205 FWT Shares were allotted under the recent Offer for Subscription.

What was the offer price range for the shares?

The shares were priced between 91.4p and 97.2p each.

How many total shares have been issued to date?

As of now, a total of 9,376,504 FWT Shares have been allotted.

When will the new shares be listed on the exchange?

The new shares are expected to be listed on the London Stock Exchange around 9 June 2025.

Who can I contact for more information?

Please contact Steve Thayer at Foresight Group for further inquiries.

About The Author

Olivia Taylor here, a 26-year-old writer and financial advisor. After earning a degree in finance, I worked in the sector for years. I've always loved numbers and had a talent for simplifying difficult financial ideas so that anyone could understand. I wrote my first book because of this passion; it helps readers take charge of their financial futures by fusing real-life stories with useful financial advice.

Whether they are just beginning their careers, preparing for significant life events, or seeking to invest wisely, my goal with my writing is to enable people to make educated financial decisions. The foundation of my work is the conviction that security and freedom of the individual are largely determined by financial literacy. To further financial education, I run workshops and frequently write for financial blogs in addition to my books.

I like to travel, experience other cultures, and find inspiration in daily life when I'm not writing or examining market trends. My passion is utilizing sound financial practices to help people reach their financial objectives and lead the best lives possible.

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