Foresight VCT PLC Announces Recent Share Allotments for Directors

Foresight VCT PLC Share Allotments to Directors
FORESIGHT VCT PLC
LEI: 213800GNTY699WHACF46
The Board of Foresight VCT PLC is excited to share an important update regarding the recent allotment of Ordinary Shares to directors as part of the Company’s Dividend Reinvestment Scheme. This initiative reflects the company’s commitment to engaging its leadership with the interests of its stakeholders, fostering a culture of shared growth and responsibility.
Details of Share Allotments
The share allotments took place on a recent date, showcasing the trust that the directors place in the continued success of Foresight VCT PLC. The table below outlines the particulars of the allotments:
Share Allotment Information
The Board of Directors allocated a significant number of shares to demonstrate their confidence and commitment to the future of Foresight VCT PLC. Here are the details:
Director: Patricia Dimond
Number of Shares Allotted: 3,805
Director: Jon Gudelis (husband of Patricia Dimond)
Number of Shares Allotted: 1,878
This allocation underlines the ongoing strategic initiatives within the company aimed at enhancing value for shareholders and maximizing investment opportunities.
Understanding the Dividend Reinvestment Scheme
The Dividend Reinvestment Scheme is an innovative approach that allows shareholders to reinvest their dividends in additional shares instead of receiving cash payouts. This scheme not only demonstrates Foresight’s focus on long-term growth but also aligns directors’ interests with those of other shareholders.
Benefits of Participating
For shareholders, participating in the Dividend Reinvestment Scheme offers several advantages. Firstly, it allows shareholders to compound their investment over time without the need to invest additional cash. Given the company’s strong performance and growth trajectory, this scheme is a strategic choice for those looking to maximize their shares in Foresight VCT PLC.
Contact Information for Further Inquiries
For any further information regarding the recent allotments, stakeholders can reach out to:
Stephen Thayer, Foresight Group
Phone: 0203 667 8100
This communication underlines the transparency and accessibility that Foresight VCT PLC adheres to, ensuring that all stakeholders are well-informed about significant developments within the company.
Frequently Asked Questions
What is the purpose of the share allotment to directors?
The share allotment to directors is meant to align their interests with those of shareholders, promoting a culture of shared responsibility and investment in the company's future success.
What is the Dividend Reinvestment Scheme?
The Dividend Reinvestment Scheme allows shareholders to reinvest their dividends to acquire additional shares rather than opting for cash payouts, enhancing their investment over time.
Who was allotted shares during this announcement?
Patricia Dimond and Jon Gudelis were allotted shares as part of the recent announcement.
How is the number of allotted shares determined?
The number of allotted shares is determined based on the company’s dividend declarations and the individual director's participation in the scheme.
Who can I contact for more information?
For more information, you can contact Stephen Thayer at Foresight Group at 0203 667 8100.
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