Foresight Ventures VCT PLC Equity Issuance Overview
FORESIGHT VENTURES VCT PLC
LEI: 213800R88MRC4Y3OIW86
Foresight Ventures VCT PLC has recently made a notable announcement regarding the allotment of new equity. The company's board confirmed that it has issued 231,641 Ordinary Shares, each valued at 1p, as part of its Dividend Reinvestment Scheme. The shares were priced at 87.2p each, reflecting the company’s commitment to providing value to its shareholders. This movement illustrates Foresight's proactive approach in enhancing shareholder engagement and investment options.
Admission to Official List
The company has made the necessary applications for its newly allotted Ordinary Shares to be included in the Official List maintained by the UK Listing Authority. Furthermore, the shares will be available for trading on the London Stock Exchange plc’s designated platform for listed securities. Anticipated admission is set to occur around the 20th of October, reinforcing Foresight's dedication to transparency and regulatory compliance in its equity operations.
Current Share Structure
With the recent issuance, the total number of Ordinary Shares in circulation now stands at 104,519,965. This fresh influx of shares not only signifies the company’s growth trajectory but also strengthens its market presence, providing existing and prospective investors with further opportunities to participate in Foresight’s ventures.
Contact Information for Shareholders
For those who wish to delve deeper into Foresight Ventures VCT PLC’s financial activities or seek further clarification, the company encourages direct communication.
Company Secretary
For general inquiries, shareholders can contact Stephen Thayer, Company Secretary at Foresight Group LLP. He is reachable via telephone at 0203 667 8100, ensuring that all stakeholder questions are addressed promptly.
Investor Relations
Investor-related questions can be directed to Andrew James, who also works with Foresight Group LLP. He can be contacted at 0203 667 8181, as he provides insights into the company's strategies and performance to investors.
Conclusion
In summary, the recent share issuance by Foresight Ventures VCT PLC illustrates its solid commitment to engaging its shareholders and enhancing their investment experiences. The planned inclusion of these shares on the UK Listing Authority's Official List is a positive step for the company and reflects its ongoing growth strategy. Stakeholders are encouraged to reach out to the contact points provided for any further inquiries regarding share performance or upcoming initiatives, underscoring Foresight's dedication to transparency and shareholder communication.
Frequently Asked Questions
What is the purpose of the issued shares?
The issued shares serve to engage current shareholders and attract new investors through the Dividend Reinvestment Scheme.
When will the new shares be available for trading?
The new shares are expected to be available for trading on or around the 20th of October.
Who can I contact for more information about this equity issuance?
For inquiries, you can contact Stephen Thayer at 0203 667 8100 or Andrew James at 0203 667 8181.
How many Ordinary Shares are currently in issue?
After the issuance, there are now 104,519,965 Ordinary Shares in circulation.
Where are the new shares listed?
The new shares will be listed on the Official List of the UK Listing Authority and traded on the London Stock Exchange.
