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Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO
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Foresight VCT plc - Issue of Equity

31 Mar 2022 16:01

Foresight VCT plc - Issue of Equity

Foresight VCT PLCLEI: 213800GNTY699WHACF46

Issue of EquityAllotment of Ordinary Shares

The board of Foresight VCT plc (“the Company”) is pleased to announce that 3,712,995 Ordinary Shares of 1p each in the capital of the Company (“the Shares”) were allotted on 31 March 2022 pursuant to the offer for subscription (“the Offer”) contained in the prospectus issued by the Company dated 26 July 2021. The Shares were issued at offer prices based on an unaudited net asset value of 87.50 pence per share ranging from 87.50 pence to 94.09 pence.

Application has been made for the admission of the Shares to the Official List of the Financial Conduct Authority and to trading on London Stock Exchange plc’s market for listed securities on or around 1 April 2022.

In total the Company has allotted 20,543,934 Ordinary Shares to date under the Offer. Following this allotment there are now 219,626,795 Ordinary Shares of 1p each in issue.

For further information please contact:Gary Fraser, Foresight Group: 020 3667 8181

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