FTSV.L Regulatory News (FTSV)

6 Dec 2018 12:23

Foresight Solar & Infrastructure VCT plc

NAV Announcement

The Board of Foresight Solar & Infrastructure VCT plc is pleased to announce that the Net Asset Value as at 30 September 2018 was 97.3p per Ordinary Share.

The Board also notes that following its long running arbitration case with the Spanish Government with respect to retrospective changes to feed-in-tariffs on its previously held Spanish assets, the VCT has been awarded an amount of £2m-£2.5m, equivalent to 4.5-5.5p per share. The Board further notes that no such awards against the Spanish Government have, as yet, been settled or collected and that there remain significant challenges with respect to collectability. On that basis, the Board has not assigned any current value to the claim in the net asset value.

For further information please contact:

Gary Fraser, Foresight Group: 020 3667 8159