Foresight 4 VCT Plc Foresight 4 Vct Plc - Intention To Utilise Over-Allotment Facility
April 05 2019 - 9:05AM
UK Regulatory
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: 0203 667 8181
(END) Dow Jones Newswires
April 05, 2019 09:05 ET (13:05 GMT)
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