Foresight VCT PLC Foresight Vct Plc : Transaction In Own Shares - Completion Of Removal Of Planned Exit Shares And Infrastruc...

 
TIDMFTV 
 
 
   Foresight VCT plc 
 
   Completion of Removal of Planned Exit Shares and Infrastructure Shares 
 
   This announcement is made by Foresight VCT plc ("the Company") in 
connection with the proposals to remove the planned exit shares of the 
1p each in the capital of the Company ("Planned Exit Shares") and the 
infrastructure shares of 1p each in the capital of the Company 
("Infrastructure Shares"), details of which were contained in the 
Company's circular to shareholders dated 21 December 2017 ("the 
Circular"). 
 
   Following approval of the requisite resolutions at the general meetings 
and separate class meetings of the Company held on 23 January 2018 and 
24 January 2018 respectively, the Board of the Company is pleased to 
advise that the removal of the Planned Exit Shares and the 
Infrastructure Shares has today been implemented, in accordance with the 
terms set out in the Circular, as follows: 
 
 
   -- 11,404,314 Planned Exit Shares have been redesignated as 11,404,314 
      deferred shares of 1p each in the capital of the Company ("Deferred 
      Shares"); 
 
   -- 32,495,246 Infrastructure Shares have been redesignated as 32,495,246 
      Deferred Shares; and 
 
   -- all Deferred Shares have been bought back by the Company for an aggregate 
      price of 1p. 
 
 
   As a result of the above, the issued share capital of the Company is now 
175,601,977 Ordinary Shares of 1p each in the capital of the Company. 
 
   The UKLA and London Stock Exchange will be notified to remove the 
reference to the listing and trading of Planned Exit Shares and 
Infrastructure Shares. 
 
 
   For further information please contact: 
 
   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 VCT PLC via Globenewswire 
 
 
  http://www.foresightgroup.eu/ 
 

(END) Dow Jones Newswires

January 24, 2018 10:04 ET (15:04 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.