Foresight VCT PLC Announces New Allotment of Shares

Author: Thomas Cooper Updated: 06-30-2025 11:15 AM

Foresight VCT PLC's Recent Share Allotment

FORESIGHT VCT PLC
LEI: 213800GNTY699WHACF46

The Company has announced an important update following its recent share issuance. This announcement relates to the allotment of 3,267,029 Ordinary Shares of 1p each under its Dividend Reinvestment Scheme. The shares were allotted at a price of 70.0p per share, reflecting the Company’s commitment to enhancing shareholder value.

Details of the Allotment

On the latest allotment date, the Company successfully emitted 3,267,029 Ordinary Shares. This strategic move aims to reinvest dividends and support the growth trajectory of Foresight VCT PLC, allowing investors to benefit from compounding returns over time. The allotment signifies not only a proactive approach but also enhances liquidity in the market.

Admission to Stock Exchange

Following this share issuance, application has been made for the admission of the new shares to the Official List of the UK Listing Authority. This step is crucial for ensuring that the shares are available for trading on the London Stock Exchange plc’s market for listed securities, expected to commence around 2 July. This move reflects the ongoing commitment of Foresight VCT PLC to operate transparently and in the best interests of its shareholders.

Impact on Shares in Circulation

With this latest issuance, Foresight VCT PLC now has a total of 304,751,613 Ordinary Shares in issue. This increase in the number of shares available enhances the market's ability to accommodate trading activity and promotes further investment. It plays a significant role in maintaining a balanced shareholder base and aligns with the Company’s strategic objectives.

Understanding the Dividend Reinvestment Scheme

This growth initiative through the Dividend Reinvestment Scheme offers shareholders an opportunity to reinvest their dividends, potentially generating additional shares at strategic prices. This not only benefits the individual shareholders through compounded growth but also supports the overall financial health of Foresight VCT PLC as it seeks to expand its portfolio.

Connecting with Foresight Group

For more information about this recent share allotment or any other inquiries regarding Foresight VCT PLC, shareholders and interested parties can reach out to Gary Fraser at the Foresight Group by calling 020 3667 8181. The Company remains committed to communication and engagement with its investors, ensuring they are well-informed of all significant developments.

Frequently Asked Questions

What is the significance of the recent share allotment?

The recent allotment of 3,267,029 shares supports shareholder value and liquidity, allowing for greater investment mobility.

When will the new shares start trading?

The new shares are expected to begin trading on or around 2 July following their admission to the Official List.

How many total ordinary shares are now in issue?

Foresight VCT PLC now has a total of 304,751,613 Ordinary Shares in issue after this allotment.

What benefits does the Dividend Reinvestment Scheme offer?

This scheme allows shareholders to reinvest dividends, promoting compounding growth and enhancing their investment potential.

Who can I contact for more information about Foresight VCT PLC?

For inquiries, please contact Gary Fraser at 020 3667 8181 for any information regarding the Company and its activities.

About The Author

Hello, I'm Thomas Cooper, a financial expert and writer passionate about helping people understand and navigate the financial world. Having a solid financial background and a lot of experience, my area of expertise is simplifying difficult financial ideas into useful, understandable guidance. My goal with my writings and blog entries is to provide you the information and resources you need to make wise financial choices.

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