TIDMFTD 
 
 
   Foresight 3 VCT plc 
 
   Portfolio Update 
 
   Foresight 3 VCT PLC ("Foresight 3") announces the sale of its investment 
in Alaric Systems Limited ("Alaric"), which provides payment processing 
and fraud prevention software, to a subsidiary of NCR Corporation. 
 
   Foresight 3 has sold its investment of ordinary shares and loan stock in 
Alaric for GBP3.75 million, of which GBP589k 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 3's unaudited half-yearly financial statements 
for the six months ended 30 September 2013, published on 29 November 
2013, was GBP3.36 million. 
 
   This represents a return of over five times original cost and over 9% of 
the net asset value of Foresight 3 as at 30 September 2013. 
 
   Having regard to the improvement in the Company's liquidity, it is the 
Board's intension to resume the payment of dividends in the New Year. 
 
   For further information please contact: 
 
   Gary Fraser, Foresight Group: 01732 471800 
 
   This announcement is distributed by NASDAQ OMX Corporate Solutions on 
behalf of NASDAQ OMX 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 3 VCT PLC via Globenewswire 
 
   HUG#1747380 
 
 
  http://www.foresightgroup.eu/ 
 

Foresight 3 Vct (LSE:FTD)
Historical Stock Chart
From Nov 2024 to Dec 2024 Click Here for more Foresight 3 Vct Charts.
Foresight 3 Vct (LSE:FTD)
Historical Stock Chart
From Dec 2023 to Dec 2024 Click Here for more Foresight 3 Vct Charts.