Foresight Technology Regulatory News (FTV)

20 Jun 2007 14:19

Foresight VCT PLC20 June 2007 Foresight VCT plc Net Asset Value The Board announces that as at 31 March 2007, the unaudited net asset value ofthe Ordinary Shares was 78.6 p per share. The net asset value at 31 March 2007includes the Company's holding of 5.683 million ordinary shares of Oxonica plc,which had a bid price of 118.00p per share at that date. On 27 April 2007, dealings in Oxonica's shares on AIM were suspended pendingclarification of its financial position. Oxonica's shares re-listed on 6 June2007 following an agreed settlement with Petrol Ofisi terminating the fueladditive contract between the two companies and clarification of Oxonica'sfinancial position. The bid price of Oxonica on 20 June 2007 was 45.0p per sharewhich represents a fall of £4.1 million in the underlying net asset value ofForesight VCT plc. This information is provided by RNS The company news service from the London Stock Exchange