Foresight 4 VCT Plc Foresight 4 Vct Plc : Tender Offer Results

 
TIDMFTF 
 
   Tender Offer Results 
 
   22 September 2017 
 
   Foresight 4 VCT PLC (Company) 
 
   The Company posted to shareholders on 21 July 2017 a tender offer 
document (Tender Offer Document) in respect of a tender offer to 
purchase shares in the Company (Shares) having an aggregate value at the 
tender price of up to GBP5 million (Tender Offer). Terms used in this 
announcement shall have the same meaning as in the Tender Offer 
Document. 
 
   The latest published NAV per Share is 69.18p. Accordingly, the Tender 
Price will be 63.9915p per Share (92.5% of the most recently published 
NAV per Share as at the date of the purchase under the Tender Offer, 
rounded down to four decimal places). The Basic Entitlement Percentage 
is, therefore, 7.4264108% (rounded). 
 
   The results of the Tender Offer are as follows: 
 
   Total number of Shares in issue as at the Record Date: 105,212,831 
 
   Shares tendered for the Basic Entitlement: 2,107,348 
 
   Shares tendered for more than the Basic Entitlement: 11,884,813 
 
   Shares not tendered under the Basic Entitlement (i.e. excess available): 
5,706,189 
 
   Total number of Shares tendered: 13,992,161 
 
   Shareholders who tendered in excess of the Basic Entitlement will have 
approximately 48.02% of their excess satisfied (rounded down) resulting 
in 5,706,189 Shares being tendered under the excess available. 
 
   The Tender Offer is expected to be completed today with a total of 
7,813,537 Shares to be purchased by the Company for cancellation for an 
aggregate price of GBP4,999,994.10. Following completion of the Tender 
Offer, 97,399,294 Shares will be in issue. 
 
   CREST accounts of shareholders who hold their Shares in CREST are 
expected to be credited and updated by 29 September 2017. Cheques and 
balancing Share certificates in respect of shareholders who do not hold 
their Shares in CREST are also expected to be dispatched by 29 September 
2017. 
 
   Enquiries: 
 
   Gary Fraser 
 
   Foresight Group LLP 
 
   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

September 22, 2017 03:00 ET (07:00 GMT)

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