Foresight Ventures VCT PLC Announces Share Allotment
FORESIGHT VENTURES VCT PLC
LEI: 213800R88MRC4Y3OIW86
Foresight Ventures VCT PLC, a prominent player in the investment sector, is excited to share some key updates regarding its recent allotment of shares. This move reflects the company’s continuous commitment to providing value to its stakeholders and enhancing its market presence.
Details of the Share Allotment
In compliance with the Offer for Subscription that was dated November 15, 2024, a total of 270,744 Ordinary Shares of 1p each were allotted. This allotment took place on July 22, 2025, with share prices varying from 90.11p to 95.35p based on an estimated net asset value of 90.10p per share. This marks a significant milestone in the company's growth strategy.
Admission to the Stock Exchange
As part of the allotment process, an application has been submitted for these shares to be included in the Official List of the Financial Conduct Authority (FCA). Furthermore, they will be available for trading on the London Stock Exchange’s platform for listed securities around July 23, 2025. Such actions affirm the company's position and attractiveness in the stock market.
Cumulative Allotment Overview
With this recent allotment, the total number of shares allotted to date under the Offer by the Company has reached 3,421,918 Ordinary Shares. Consequently, there are now 107,904,249 Ordinary Shares of 1p each currently issued, which reinforces the Company’s dedication to expanding its shareholder base.
Closure of the Offer
The Board of Foresight Ventures VCT PLC has also indicated that the Offer is now officially closed. All valid applications received prior to June 27, 2025, have been thoroughly processed, and shares have been successfully allotted. This allows Foresight to focus on future endeavors and strategies for growth.
Contact Information for Further Inquiries
The company encourages any stakeholders or interested parties to reach out for additional information. They have provided contact details for their team:
Company Secretary
Foresight Group LLP
Contact: Stephen Thayer Tel: 0203 667 8100
Investor Relations
Foresight Group LLP
Contact: Andrew James Tel: 0203 667 8181
Frequently Asked Questions
What is the significance of the share allotment?
The share allotment is crucial as it allows Foresight Ventures VCT PLC to raise capital while increasing its shareholder base, ultimately contributing to the company's growth.
How does the admission to the stock exchange benefit shareholders?
Admission to the stock exchange enhances liquidity for shareholders, enabling easier buying and selling of shares. It also increases the company's visibility in the marketplace.
What does the closure of the offer mean?
The closure of the offer means that no further shares will be allotted under the current offer, and Foresight Ventures VCT PLC will now proceed with the issued shares.
Who should I contact for more information about shares?
For inquiries regarding shares, interested parties can contact Stephen Thayer as the Company Secretary or Andrew James from Investor Relations at Foresight Group LLP.
Where can I find more updates on Foresight Ventures VCT PLC?
Updates and information can typically be found on Foresight Ventures' official website or through direct inquiries with their investor relations team.
