FORESIGHT SOLAR & INFRASTRUCTURE VCT PLC ORD 1P Foresight Solar & Technology Vct Plc - Net Asset Value And Tender Offer Price

 
TIDMFTSV 
 
 
   Foresight Solar & Technology VCT plc 
 
   NAV Announcement 
 
   The Board of Foresight Solar & Technology VCT plc announces that the Net 
Asset Value as at 31 December 2019 was 81.9p per Ordinary Share. 
 
   This Net Asset Value as reported fell from 92.6p as at 30 September 2019 
principally due to a fall in the underlying value of the portfolio 
caused by a material reduction in market power prices forecast by the 
energy industry's independent, external modelling agencies, and the 
payment of the 3.0p per Ordinary Share dividend on 22 November 2019. 
 
   Tender Offer: Price 
 
   The Net Asset Value per Ordinary Share has been finalised and 
independently reviewed and the net amount to be paid to investors who 
accepted the Tender Offer will be 81.2p per Ordinary Share. 
 
   Payments for all Shareholders who had accepted the Tender Offer are 
expected to be made in the next two weeks. 
 
   For further information please contact: 
 
   Gary Fraser, Foresight Group:                            020 3667 8181 
 
 
 
 

(END) Dow Jones Newswires

March 18, 2020 11:52 ET (15:52 GMT)

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