Foresight Ventures VCT PLC Announces Share Allotment Details

Author: Evelyn Baker Updated: 02-27-2025 11:15 AM

Foresight Ventures VCT PLC Announces Allotment of Shares

The Board of Foresight Ventures VCT PLC is delighted to share significant news regarding its latest share allotment. Recently, in line with the terms laid out in the Offer for Subscription, the Company successfully allotted a total of 890,331 Ordinary Shares, each valued at 1p. This allotment took place on a specific date, further enhancing the Company's position in the market.

Details of the Share Allotment

These Ordinary Shares were allotted at offer prices ranging from 98.50p to 101.55p, based on an unaudited net asset value set at 98.50p per share. This allocation reflects the Company’s strategic initiatives to engage with its investors and broaden its shareholder base.

As part of the process, an application has been submitted for the inclusion of these shares into the Official List maintained by the Financial Conduct Authority (FCA). Furthermore, they are set to trade on the London Stock Exchange plc’s market for listed securities around the end of February 2025. Such activities are crucial for ensuring transparency and providing liquidity for current and potential shareholders.

Total Allotted Shares Under the Offer

Following this latest issuance, the cumulative total of shares allotted by the Company under this Offer has reached 890,331 Ordinary Shares. As a result, the total number of Ordinary Shares now in circulation amounts to 107,448,128. This increase in issued shares not only represents the Company’s growth but also signifies a robust desire to engage with its investment community.

Company Information and Contact

For inquiries regarding this announcement or further information about the Company’s operations, investors and interested parties can reach out to the designated representatives:

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 recent share allotment?

The share allotment allows Foresight Ventures VCT PLC to expand its investor base and increase its market capitalization.

What were the offer prices for the shares?

The shares were issued at prices fluctuating between 98.50p and 101.55p, reflecting investor interest.

How many shares have been allotted to date?

As of now, a total of 890,331 Ordinary Shares have been allotted under the current Offer.

Who can I contact for more information?

You can reach out to Stephen Thayer or Andrew James from Foresight Group LLP for any inquiries.

When will these shares be officially listed?

The shares are expected to be admitted to the Official List and commence trading shortly after the end of February 2025.

About The Author

Greetings, I'm 32-year-old author and financial specialist Evelyn Baker. My introduction into the financial industry started with an economics degree and continued with a wealth of experience in wealth management and financial consulting. My great passion over the years has been assisting people and companies in making wise, well-informed decisions to reach their financial objectives.

My goal with writing is to simplify difficult financial ideas into understandable, doable guidance. My goal in writing many books and articles is to make personal finance understandable to everyone, irrespective of their experience or background. I want to give readers the information they need to take charge of their financial futures, from investing and retirement planning to budgeting and saving.

Along with my writing, I lead webinars and workshops where I provide doable advice and methods for achieving financial success. To reach a larger audience, I also frequently contribute to financial blogs and publications. My method is always to offer doable, real-world guidance that can actually improve people's lives.

Aside from my job, I like to cook, travel, and experience other cultures. I work hard to apply my belief in the value of a balanced life to my financial counsel. My goal in working is to encourage and enable people to succeed financially so they may lead the best lives possible.

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