OFFER UPDATE – USE OF OVER-ALLOTMENT FACILITY
05 December 2023 - 1:45AM
OFFER UPDATE – USE OF OVER-ALLOTMENT FACILITY
FORESIGHT ENTERPRISE VCT PLCLEI:
213800MWJNR3WZZ3ZP42
OFFER UPDATE – USE OF OVER-ALLOTMENT
FACILITY4 DECEMBER 2023
The Company published a prospectus on 13 October 2023
(Prospectus) containing an offer for subscription
to raise up to £20 million with an over-allotment facility to raise
up to a further £10 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 £10 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 LLPContact: Andrew James Tel: 0203 667 8181
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