Foresight Ventures Announces Major Equity Share Allotment Updates
Foresight Ventures' New Equity Allotment
Foresight Ventures VCT PLC has made an exciting announcement regarding its equity allotment through the Dividend Reinvestment Scheme. This move is set to offer shareholders an attractive opportunity to increase their holdings while supporting the company's growth.
Details of the Allotment
The Board has revealed that 235,019 Ordinary Shares of 1p each were allotted under the Dividend Reinvestment Scheme. These shares were priced at 96.5p per share, a strategic price reflecting current market trends and shareholder confidence.
Admission to the Official List
Foresight Ventures has taken the necessary steps to apply for the admission of these 235,019 Ordinary Shares to the UK Listing Authority's Official List. Furthermore, they will be trading on the London Stock Exchange's market for listed securities shortly. This is a significant step that enhances the visibility and credibility of Foresight Ventures in the financial markets.
Company's Current Share Status
With this recent allotment, Foresight Ventures now boasts a total of 106,317,317 Ordinary Shares in circulation. This increase in shares is indicative of the company’s ongoing commitment to expanding its shareholder base and fostering investor relations.
Connecting with Investors
For those interested in further details regarding this latest movement, Foresight Group LLP is available for inquiries. Investors can reach out to Stephen Thayer, the Company Secretary, at 0203 667 8100, or contact Andrew James in Investor Relations at the same firm at 0203 667 8181. These points of contact are instrumental in providing clarity and transparency to the shareholders.
The Importance of Shareholder Engagement
This equity allotment is more than just numbers; it represents Foresight Ventures’ dedication to engaging with its shareholders. By implementing a Dividend Reinvestment Scheme, the company empowers its shareholders to reinvest dividends into additional shares, cultivating a sense of ownership and commitment.
Looking Forward
As Foresight Ventures moves forward, the company aims to enhance its growth strategy, ensuring that shareholders see the benefits of their investments. With a strategic focus on innovation and market adaptation, Foresight is poised to thrive in the evolving business landscape.
Frequently Asked Questions
What is the Dividend Reinvestment Scheme?
The Dividend Reinvestment Scheme allows shareholders to reinvest their dividends into additional shares, promoting long-term investment growth.
How many shares were allotted recently?
A total of 235,019 Ordinary Shares were allotted under the Dividend Reinvestment Scheme.
What is the price per share for the recent allotment?
The shares were priced at 96.5p each during this allotment.
What is the total number of shares in issue now?
As of now, Foresight Ventures has a total of 106,317,317 Ordinary Shares in issue.
Who can I contact for more information?
For inquiries, you can contact Stephen Thayer or Andrew James at Foresight Group LLP at their respective phone numbers.
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