OFFER UPDATE – USE OF OVER-ALLOTMENT FACILITY
FORESIGHT VCT PLC
Legal Entity Identity number: 213800GNTY699WHACF46
OFFER UPDATE – USE OF OVER-ALLOTMENT FACILITY
17 DECEMBER 2024
The Company published a prospectus on 10 December 2024 (Prospectus) containing an offer for subscription to raise up to £20 million with an over-allotment facility to raise up to a further £5 million through the subscription of new ordinary shares of 1p each (Offer). Full details of the Offer are contained in the Prospectus, which include details relating to the expected timetable for accepting applications for the 2024/2025 and 2025/26 tax years.
In order to accommodate further demand, and in accordance with terms of the Prospectus, the Board of Directors of the Company (Board) has decided to implement the over-allotment facility available under the Offer to raise up to a further £5 million, with the first allotment under the over-allotment facility intended to be made in January 2025. The Offer will remain open until 30 April 2025 unless fully subscribed as to the amount available before this date or otherwise at the Board's discretion.
For further information, please contact:
Company Secretary:
Foresight Group LLP
Contact: Gary Fraser Tel: 0203 667 8100
Investor Relations:
Foresight Group LLP
Contact: Andrew James Tel: 0203 667 8181
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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