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The latest announcement is out from Foresight 4 VCT ( (GB:FTF) ).
Foresight Enterprise VCT plc has raised approximately £31.3 million through the allotment of 60,971,323 new ordinary shares of 1p each under its latest offer for subscription, priced off an unaudited net asset value of 49.60 pence per share, with issue prices ranging from 49.60 pence to 53.30 pence. The new shares, which bring the total number of ordinary shares in issue to 373,406,084, are expected to be admitted to the FCA’s Official List and to trading on the London Stock Exchange, strengthening the trust’s capital base and providing additional funds to deploy into its portfolio of growth companies for the benefit of existing and new investors.
More about Foresight 4 VCT
Foresight Enterprise VCT plc is a UK-listed venture capital trust that raises capital from investors to provide growth finance to a portfolio of smaller, unquoted or AIM-quoted companies, offering exposure to early-stage and growth-focused businesses while delivering tax-efficient returns to shareholders.
Average Trading Volume: 462,398
Technical Sentiment Signal: Strong Buy
Find detailed analytics on FTF stock on TipRanks’ Stock Analysis page.