TIDMFTV 
 
 
   FORESIGHT VCT PLC (Company) 
 
   Publication of Supplementary Prospectus 
 
   The Company issued a prospectus dated 28 January 2020 (Prospectus) 
relating to an offer for subscription to raise up to GBP20 million, with 
an over-allotment facility to raise up to a further GBP5 million 
(Offer). The Board announced utilisation of the over-allotment facility 
on 13 March 2020. 
 
   On 27 March 2020 the Company published an unaudited NAV per Share of 
66.5p as at 27 March 2020 (a reduction of 14.1% from the unaudited NAV 
per share of 77.4p as at 31 December 2019, which was used for the prior 
allotment of Offer Shares) reflecting valuation reductions generally 
across the investments in the portfolio as a result of the market 
volatility arising from the impact of the Coronavirus (Covid-19) 
pandemic affecting all businesses including those in which the Company 
invests (Updated NAV Announcement). 
 
   The updated unaudited NAV per share referred to above represents a 
reduction of 13.3% from the unaudited NAV per share of 76.7p as at 30 
September 2019, this being the latest unaudited published NAV per Share 
as at the date of the Prospectus. The updated NAV per share is a new 
significant factor in connection with the Offer and the Prospectus and, 
as a result, the Company has published a supplementary prospectus to the 
Prospectus (Supplementary Prospectus). 
 
   Investors who have already submitted application forms for new shares 
under the Offer have until 5.00 p.m. on 2 April 2020 by which they may 
withdraw such applications, should they wish to do so (as required under 
section 87Q(4)--(6) of the Financial Services and Markets Act 2000 (as 
amended). Further details of this right, including the deadline for 
withdrawal, is contained in the Supplementary Prospectus. 
 
   The updated NAV per share referred to above is also intended to be used 
for the purposes of calculating the number of shares to be issued to 
applicants under the Offer in respect of 2019/2020 and 2020/2021 tax 
year-end applications. The Board will, together with Foresight Group LLP, 
the Company's manager, however, continue to keep this under review and 
will publish further updated NAVs per share (in particular for the 
purposes of an allotment of shares under the Offer if required). 
 
   A copy of the Supplementary Prospectus has been submitted to the 
Financial Conduct Authority and will shortly be available for inspection 
at the National Storage Mechanism, which is located at: 
 
   www.morningstar.co.uk/uk/nsm 
 
   Copies of this Supplementary Prospectus, together with the Prospectus, 
are available from the Manager's website: 
 
   www.foresightgroup.eu 
 
   For further information please contact: 
 
   Company Secretary 
 
   Foresight Group LLP 
 
   Contact: Gary Fraser Tel: 0203 667 8100 
 
   Investor Relations 
 
   Foresight Group LLP 
 
   Contact: Ellie Kakoulli Tel: 0203 667 8181 
 
 
 
 

(END) Dow Jones Newswires

March 31, 2020 09:34 ET (13:34 GMT)