Foresight 4 VCT Plc Foresight 4 Vct Plc : Final Issue Of Equity And New Offer

 
TIDMFTF 
 
 
   F4 Offer for Subscription - Final issue of equity and New Offer 
 
   The Board of Foresight 4 VCT plc announce that in accordance with the 
terms of the Offer for Subscription dated 19 May 2017 (the "Offer"), 
3,466,928 Ordinary Shares of 1p each in Foresight 4 VCT plc were 
allotted on 18 May 2018. In accordance with the allotment formula set 
out in the prospectus for the Offer, the 3,466,928 Ordinary Shares have 
been issued at prices of between 69.4p and 75.3p per Ordinary Share, 
depending on the adviser charge (if applicable) and the number of shares 
issued (after taking roundings into account) pertaining to each 
application. 
 
   Application has been made for the admission of the 3,466,928 Ordinary 
Shares of 1p each in Foresight 4 VCT plc to the Official List of the UK 
Listing Authority and to trading on London Stock Exchange plc's market 
for listed securities. 
 
   In total the Company has allotted 40,122,174 Ordinary Shares under the 
Offer and raised GBP28,839,735. 
 
   Following this allotment there are now 135,118,304 Ordinary Shares of 1p 
each in issue. 
 
   F4 announces today that the Offer is now closed and the Receiving Agent 
have processed the applications received before today's deadline in the 
above allotment. 
 
   The F4 Board is pleased to announce that it intends to make available an 
additional offer for subscription to raise up to GBP50 million (with an 
over-allotment facility to raise up to a further GBP30 million) through 
the issue of new shares ("New F4 Offer "). This will provide 
shareholders and new investors with a further opportunity to invest in 
F4 and benefit from the tax reliefs available to qualifying investors. 
 
   The prospectus, which will contain the full details and terms and 
conditions of the New F4 Offer, is expected to be available in early 
June. 
 
   FURTHER INFORMATION 
 
   For further information, please contact: 
 
   Company Secretary 
 
   Foresight Group LLP 
 
   Contact: Gary Fraser Tel: [phone] 
 
   This announcement is distributed by Nasdaq Corporate Solutions on behalf 
of Nasdaq Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: Foresight 4 VCT PLC via Globenewswire 
 
 
  http://www.foresightgroup.eu/ 
 

(END) Dow Jones Newswires

May 18, 2018 10:55 ET (14:55 GMT)

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