Foresight Technology Regulatory News (FTV)

20 May 2009 07:58



Foresight VCT plc

Interim Management Statement for the Quarter Ended 31 March 2009

Foresight VCT plc presents its interim management statement for the quarter ended 31 March 2009. This constitutes the company's first interim management statement for the financial year ending 31 December 2009, as required by the UK Listing Authority's Disclosure and Transparency Rule 4.3.

The unaudited net asset value (NAV) per ordinary share as at 31 March 2009 was 38.9p (31 December 2008: 42.2p). The Board is not aware of any significant events or transactions between the date of the NAV and the date of publication of this Interim Management Statement.

The number of ordinary shares in issue at 31 March 2009 was 47,053,292. During the three months ended 31 March 2009 677,502 shares were issued but no shares were re-purchased by the company for cancellation.

Net assets at 31 March 2009 comprised the following:

Quoted investments are carried at bid price as at 31 March 2009. Unquoted investments are carried at fair value as at 31 March 2009 as determined by the directors.

During the three months ended 31 March 2009 the following significant investment transactions took place (all companies unquoted except where otherwise indicated):

New and follow-on investments:

Investment disposals:

None

For further information please contact:

Gary Fraser, Foresight Group: 01732 471 800