Foresight 4 VCT plc - Intention to Utilise Over-Allotment Facility

5 Apr 2019 14:04

Foresight 4 VCT plc

5 April 2019

Announcement of Intention to Utilise Over-Allotment Facility

On 14 June 2018, Foresight 4 VCT Plc (the “Company”) launched an offer for subscription to raise up to £50.0 million by way of an issue of Ordinary Shares ("Ordinary Shares") in the Company, with an over-allotment facility of up to a further £30.0 million, payable in full in cash on application (the “Offer”). Full details and terms and conditions of the Offer are contained in a prospectus ("the Prospectus").

Under the terms and conditions of the Offer, as set out in the Prospectus, the directors of the Company have the ability (at their discretion), if the Offer is oversubscribed, to increase the number of Shares available for subscription under the Offer to raise further amounts of up to £30.0 million.

The Company has reached the full £50.0 million capacity under the Offer. Accordingly, the directors of the Company are pleased to announce that they intend to utilise the £30.0 million over-allotment facility.

Company Secretary

Foresight Group LLP

Contact: Gary Fraser Tel: 0203 667 8181