Foresight VCT plc - Reduction of Capital

30 Jul 2019 16:44

Foresight VCT plc

Reduction of Capital

30 July 2019

The board of Foresight VCT plc (the Company) announces that, on 30 July 2019, the High Court of Justice Chancery Division confirmed the cancellation of the amount of £21.6 million standing to the credit of the share premium account of the Company (Reduction of Capital). The Court Order approving the Reduction of Capital and a statement of capital were registered by the Registrar of Companies on 30 July 2019 and therefore the Reduction of Capital became effective on that date.

This follows the approval of the Reduction of Capital by special resolution at the annual general meeting of the Company held on 23 May 2019.

For further information please contact:

Gary Fraser, Foresight Group: 020 3667 8181