Important Update on Foresight Technology Voting Rights
Overview of Total Voting Rights
Foresight Technology VCT PLC is committed to keeping its shareholders informed about crucial developments. In line with regulatory requirements, particularly DTR 5.6.1R, the company has provided details concerning its total voting rights.
Current Shares Issued
As of March 28, the company has issued a total of 40,500,681 FWT Shares alongside 34,046,589 non-voting Deferred Convertible Preference Shares. This provides a clear picture of the company's share distribution.
Understanding Share Types
Among these issued shares, the FWT Shares hold voting rights, while the Deferred Convertible Preference Shares do not. This distinction is vital for shareholders as it affects their participation in the company’s decision-making processes.
Implications for Shareholders
The total voting rights currently stand at 40,500,681 shares. This number becomes significant for shareholders who need to track their interests in the company. It serves as a denominator for determining if they must notify any changes in their stake as per the FCA's Disclosure Guidance and Transparency Rules.
No Shares Held in Treasury
It's worth noting that the company does not hold any shares in Treasury. This absence signifies that all issued shares are currently available for trading, reflecting the company’s transparent share structure.
Importance of Transparency
Foresight Technology VCT PLC values transparency and compliance with governance standards. The clarity in share issuance and voting rights is essential for maintaining shareholder trust and upholding market integrity.
Contact Information for Queries
For additional inquiries related to voting rights or shareholder concerns, Stephen Thayer from the Foresight Group can be reached at 020 3667 8181. The company prioritizes open lines of communication with its stakeholders.
Frequently Asked Questions
What are total voting rights?
Total voting rights represent the total number of shares that have voting power held by shareholders in a company.
How many FWT Shares are currently issued?
As of March 28, there are 40,500,681 FWT Shares issued by Foresight Technology VCT PLC.
What types of shares does Foresight Technology have?
The company has FWT Shares that hold voting rights and Deferred Convertible Preference Shares that do not.
Why is knowing total voting rights important for shareholders?
It helps shareholders determine if they need to inform the company about changes in their ownership or interests, in compliance with regulatory rules.
Who can I contact for more information on voting rights?
Contact Stephen Thayer at 020 3667 8181 for any queries related to voting rights and shareholder issues.
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