Foresight Enterprise VCT Plc Offer Update -- Use Of Over-ALLOTMENT Facility
05 December 2023 - 1:45AM
UK Regulatory
TIDMFTF
FORESIGHT ENTERPRISE VCT PLC
LEI: 213800MWJNR3WZZ3ZP42
OFFER UPDATE -- USE OF OVER-ALLOTMENT FACILITY
4 DECEMBER 2023
The Company published a prospectus on 13 October 2023
(Prospectus) containing an offer for subscription to raise up to
GBP20 million with an over-allotment facility to raise up to a
further GBP10 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 2023/2024 and 2024/25
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 GBP10 million.
The Offer will remain open until 30 April 2024 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
(END) Dow Jones Newswires
December 04, 2023 09:45 ET (14:45 GMT)
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