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FTV Foresight Vct Plc

74.50
0.00 (0.00%)
27 Mar 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Foresight Vct Plc FTV London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 74.50 00:00:00
Open Price Low Price High Price Close Price Previous Close
74.50 74.50 74.50 74.50 74.50
more quote information »
Industry Sector
GENERAL FINANCIAL

Foresight Vct FTV Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
15/04/2024FinalGBP0.04413/06/202414/06/202428/06/2024
27/07/2023SpecialGBP0.0403/08/202304/08/202318/08/2023
25/04/2023FinalGBP0.04415/06/202316/06/202330/06/2023
29/09/2022SpecialGBP0.0406/10/202207/10/202221/10/2022
14/04/2022FinalGBP0.04509/06/202210/06/202224/06/2022
09/04/2021FinalGBP0.03710/06/202111/06/202125/06/2021
27/04/2020FinalGBP0.03304/06/202005/06/202019/06/2020

Top Dividend Posts

Top Posts
Posted at 08/6/2024 12:56 by gbcol
I have been in these for 10 years or so. Roughly break even on capital but done very well for dividends- and of course got the initial 30% tax relief which was very handy.

VCTs are great when you can utilise that tax relief, which I certainly have over the years. The case for them without that is not so compelling at the moment but in normal times a circa 5% divi isn’t too bad.
Posted at 07/6/2024 17:59 by damanko
Evening 'all', or rather - both.

In 24 years as a holder, I'm sitting on a capital loss of about 16K. However in that time, including the special at the end of this month, I'll have received a little over 19K in dividends, so things could have turned out worse.

Though I've always taken the dividends in cash, and will continue to do so.

With FTV, I have a lot more faith in cash to spend, rather than the quality of FTV's management... The BOD made a number of fairly nonsensical investment decisions during the early years of this century, and shareholders suffered as a result. Onwards...

d.
Posted at 06/6/2024 12:47 by rahosi
I'm still in there! Great Special Divi announced today!
Posted at 20/1/2021 18:02 by damanko
elianasgrandpa,

Are you still there, and if so, still invested in Foresight VCT...?

No sunny weather report, Norwich wet and getting wetter. Bit like the FTV share price...

Regards,

damanko
20/01/2021
Posted at 06/12/2013 10:37 by seekerofvalue
damanko

I made my first purchase of FTV on Wednesday, as a sleep easy investment and income play.
Posted at 03/12/2013 19:59 by damanko
For the few of us still alive and kicking here:

The following news is good in one respect, but in another sense implies that a quarter of FTV's assets now sit in cash - as a result of the Alaric sale. So the good news is that a special dividend seems quite in order.

The other side is that 25% of FTV's NAV no longer exists, and - given the normal discount to NAV, FTV's share price may well head south...........



Company Foresight VCT PLC
TIDM FTV
Headline Foresight VCT PLC : Portfolio update
Released 14:25 03-Dec-2013
Number HUG1747424



Foresight VCT plc

Portfolio Update

Foresight VCT PLC ("Foresight VCT") announces the sale by its Ordinary Share Class of its investment in Alaric Systems Limited ("Alaric"), which provides payment processing and fraud prevention software, to a subsidiary of NCR Corporation.

Foresight VCT Ordinary Share Class has sold its investment of ordinary shares and loan stock in Alaric for GBP7.13 million, of which GBP1.12 million is held in escrow and in the absence of any claims against Alaric should become payable in tranches over the next four years. The carrying value of the investment in Alaric in Foresight VCT's interim management statement for the period ended 30 September 2013, published on 15 November 2013, was GBP6.375 million.

This represents a return of over five times original cost and 25% of the net asset value of Foresight VCT Ordinary Share Class as at 30 September 2013.

In consequence, the Board will be considering a further distribution to investors and will make an announcement in due course.

For further information please contact:

Gary Fraser, Foresight Group: 01732 471800
Posted at 17/2/2012 14:00 by damanko
Hm. Probably sums up too many brokers. I don't buy Unit Trusts for pretty much the same reasons, costs are too high compared to IT's, and in any case are commission driven, whereas IT's don't pay it to IFA's, so why would they recommend them.

I do my own stuff, these days - as you know - because I can. Run a couple of SIPPs with minimal costs, buy and sell online. Same with ISAs and run of the mill direct investments. What's your email address? You can post it here, wait ten minutes and then edit your post to delete it. I'll be in touch. Regards and happy hoping with FTV etc....
Posted at 13/12/2011 20:40 by ferrism
Couldn't have put it better. I don't mind being described as a mug by a fellow sufferer! The only consolation I have is that I did buy Baronsmead VCT2 at the
same time which has paid me back my whole investment in dividends so it's now free income. If only I hadn't bothered with any other VCT's.
It's depressing to think FTV will probably still be under water when I'm under the ground!
Posted at 13/12/2011 19:16 by damanko
Quite right ferrism, and I guess between us we have 20+ years holding this. What a pair of mugs.......!

Having said that, have to hope for a few more exits like the recent one. As you know the management group will purchase back shares, which may be the best route to sell.

Note that almost 88,000 shares were traded today, so perhaps volume like this will also drive up the price (in the short term at least).

I too haven't sold any (more fool me), but should the price continue to creep towards what we paid for FTV 'C' all those years ago........ a way to go yet though.
Posted at 10/12/2011 11:45 by damanko
Sorry, behind the curve on this one, dividend of 7.5p being paid in March 2012. So a nailed on yield of seven and a half percent for any new investors, which is starting to show in the price.

TIDMFTV

Foresight VCT plc
Interim Management Statement for the Quarter Ended 30 September 2011

Foresight VCT plc presents its interim management statement for the quarter
ended 30 September 2011. This constitutes the company's second interim
management statement for the financial year ending 31 December 2011, as required
by the UK Listing Authority's Disclosure and Transparency Rule 4.3.

The unaudited net asset value (NAV) per Ordinary Share as at 30 September 2011
was 123.8p (30 June 2011: 108.8p). The principal reason underlying the uplift
in the NAV was the sale of the investment in App-DNA Group Limited to Citrix
Systems Inc on 26 October 2011. Citrix Systems Inc acquired all of the equity in
App-DNA Group Ltd for a total consideration of $92m and Foresight VCT plc
received initial consideration of GBP7.3m, compared to a last reported carrying
value of GBP4.55m. This equates to a return of approximately 32 times the original
cost of investment. In addition a further GBP0.9 million of escrow amounts,
subject to various warranties, could be receivable by the ordinary shares of
Foresight VCT over the next four years.

The unaudited net asset value (NAV) per Planned Exit Share as at 30 September
2011 was 89.8p (30 June 2011: 93.7p). The Board is not aware of any significant
events or transactions between the date of the NAV and the date of publication
of this Interim Management Statement.

The number of Ordinary Shares in issue at 30 September 2011 was 28,694,271.
During the three months ended 30 September 2011 no shares were issued or re-
purchased by the company for cancellation.

The number of Planned Exit Shares in issue at 30 September 2011 was 6,179,833.
During the three months ended 30 June 2011 no shares were issued or re-
purchased by the company for cancellation.


Net assets of the Ordinary Shares fund at 30 September 2011 comprised the
following:
+-------------------------------------------------------+------+---------------+
| | GBP'000 |% of Net Assets|
+-------------------------------------------------------+------+---------------+
|Unquoted Investments at fair value as determined by the| | |
|Directors |28,622| 80.5|
+-------------------------------------------------------+------+---------------+
|Quoted investments at bid price | 1,061| 3.0|
+-------------------------------------------------------+------+---------------+
|Total venture capital investments |29,683| 83.5|
+-------------------------------------------------------+------+---------------+
|Net Current Assets | 5,847| 16.5|
+-------------------------------------------------------+------+---------------+
| | | |
|Net Assets |35,530| 100.0|
+-------------------------------------------------------+------+---------------+


Net assets of the Planned Exit Shares fund at 30 September 2011 comprised the
following:
+--------------------------------------------------------+-----+---------------+
| | GBP'000|% of Net Assets|
+--------------------------------------------------------+-----+---------------+
|Unquoted Investments at fair value as determined by the| | |
|Directors |3,212| 57.9|
+--------------------------------------------------------+-----+---------------+
|Quoted investments at bid price | 0| 0.0|
+--------------------------------------------------------+-----+---------------+
|Total venture capital investments |3,212| 57.9|
+--------------------------------------------------------+-----+---------------+
|Net Current Assets |2,336| 42.1|
+--------------------------------------------------------+-----+---------------+
| | | |
|Net Assets |5,548| 100.0|
+--------------------------------------------------------+-----+---------------+

Quoted investments are carried at bid price as at 30 September 2011. Unquoted
investments are carried at fair value as at 30 September 2011 as determined by
the directors.

During the three months ended 30 September 2011 the following significant
investment transactions took place (all companies unquoted except where
otherwise indicated):


Ordinary Shares Portfolio

Follow-on investments:

+-----------------+-----------------------------------+-----------------------+
| Name of Company | Business Activity | Amount Invested GBP'000 |
+-----------------+-----------------------------------+-----------------------+
| Silvigen | Integrated biomass fuel solutions | 94 |
+-----------------+-----------------------------------+-----------------------+

Investment disposals:

+---------------------------+---------------------------+-------------+--------+
|Name of Company |Business Activity |Original Cost|Proceeds|
| | | GBP'000 | |
| | | | GBP'000 |
+---------------------------+---------------------------+-------------+--------+
|Autologic Diagnostics |Automotive diagnostic|0 |376 |
| |equipment | | |
+---------------------------+---------------------------+-------------+--------+
|Clarity Commerce Solutions|Hospitality, leisure and|675 |159 |
|(AIM listed) |customer engagement| | |
| |software | | |
+---------------------------+---------------------------+-------------+--------+
|AppDNA |Application migration|83 |83 |
| |software | | |
+---------------------------+---------------------------+-------------+--------+
|Trilogy Communications |Broadcast and defence|23 |23 |
| |communications | | |
+---------------------------+---------------------------+-------------+--------+
|Rivington Street Holdings |Network security software |17 |16 |
+---------------------------+---------------------------+-------------+--------+
|Sarantel (AIM listed) |Antennas for mobile phones |556 |15 |
+---------------------------+---------------------------+-------------+--------+


Planned Exit Shares Portfolio

New investment:

+-------------------+----------------------------+-----------------------+
| Name of Company | Business Activity | Amount Invested GBP'000 |
+-------------------+----------------------------+-----------------------+
| Porchester Equity | Investment Holding Company | 625 |
+-------------------+----------------------------+-----------------------+

Investment disposals:

None