Foresight 4 VCT Plc Foresight 4 Vct Plc - Intention To Utilise Over-Allotment Facility

 
TIDMFTF 
 
 
   Foresight 4 VCT plc 
 
   5 April 2019 
 
   Announcement of Intention to Utilise Over-Allotment Facility 
 
   On 14 June 2018, Foresight 4 VCT Plc (the "Company") launched an offer 
for subscription to raise up to GBP50.0 million by way of an issue of 
Ordinary Shares ("Ordinary Shares") in the Company, with an 
over-allotment facility of up to a further GBP30.0 million, payable in 
full in cash on application (the "Offer"). Full details and terms and 
conditions of the Offer are contained in a prospectus ("the 
Prospectus"). 
 
   Under the terms and conditions of the Offer, as set out in the 
Prospectus, the directors of the Company have the ability (at their 
discretion), if the Offer is oversubscribed, to increase the number of 
Shares available for subscription under the Offer to raise further 
amounts of up to GBP30.0 million. 
 
   The Company has reached the full GBP50.0 million capacity under the 
Offer. Accordingly, the directors of the Company are pleased to announce 
that they intend to utilise the GBP30.0 million over-allotment facility. 
 
   Company Secretary 
 
   Foresight Group LLP 
 
   Contact: Gary Fraser Tel: [phone] 
 
 
 
 

(END) Dow Jones Newswires

April 05, 2019 09:05 ET (13:05 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.