Insights on Foresight Ventures VCT PLC: New Director and Updates

Foresight Ventures VCT PLC Announces Supplementary Prospectus

FORESIGHT VENTURES VCT PLC
LEI: 213800R88MRC4Y3OIW86

The team at Foresight Ventures VCT PLC is excited to inform shareholders and potential investors about the recent publication of their supplementary prospectus. This important document relates to the ongoing offer for subscription initiated by the Company. The offer officially began on November 15.

Details of the Supplementary Prospectus

The supplementary prospectus has been released in compliance with the necessary regulatory requirements. It follows the issuance of updated net asset values for both Foresight Ventures and Thames Ventures VCT 2, capturing the financial standings as of September 30 and November 15.

Regulatory Compliance and Significant Updates

This new prospectus also highlights a significant new factor requiring disclosure. It corrects two typographical errors identified in the initial prospectus, which pertained to the performance incentive scheme established between the Company and its manager, Foresight Group LLP. This correction underscores the Company's commitment to transparency and accuracy in communications with its stakeholders.

Availability of the Supplementary Prospectus

Copies of the supplementary prospectus have been duly submitted to the relevant financial authority, ensuring accountability. Additionally, interested parties will soon be able to access the document through the National Storage Mechanism.

Accessing the Document

For ease of access, the supplementary prospectus will be made available online through the Foresight Group LLP website. This proactive measure ensures that all stakeholders have ready access to the vital information included within the document.

Appointment of Dr. Andrew Mackintosh

In noteworthy leadership news, Foresight Ventures VCT PLC has welcomed Dr. Andrew Mackintosh as a new director following the successful merger with Thames Ventures VCT 2. His appointment reflects the Company's strategic efforts to enhance governance and oversight.

Dr. Mackintosh's Background

Dr. Mackintosh brings a wealth of experience, having served as a director within Thames Ventures. His expertise will be invaluable as the Company navigates new business opportunities and challenges in the investment landscape.

Contact Information

For those seeking further information regarding this announcement or any inquiries related to the Company, please reach out to the following contacts:

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 supplementary prospectus?

The supplementary prospectus is essential for updating investors about significant factors affecting the company's financial stance and correcting errors in previous communications.

Who is Dr. Andrew Mackintosh?

Dr. Andrew Mackintosh is the newly appointed director of Foresight Ventures VCT PLC, bringing extensive experience from his previous role at Thames Ventures.

How can I access the supplementary prospectus?

The supplementary prospectus will be available through the National Storage Mechanism and on the Foresight Group's website for public viewing.

What triggered the need for a supplementary prospectus?

The release of updated net asset values and the identification of typographical errors in the original document necessitated the publication of a supplementary prospectus.

What is the previous experience of Dr. Mackintosh?

Dr. Mackintosh has a proven track record in investment management and has held various leadership roles in prior companies, ensuring he is well-equipped for his position at Foresight Ventures.

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