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Foresight VCT Expands Equity with New Share Issue

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Foresight VCT Expands Equity with New Share Issue

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Foresight Vct ( (GB:FTV) ) just unveiled an update.

Foresight VCT PLC announced the successful allotment of 798,074 Ordinary Shares of 1p each as part of its subscription offer. The shares were issued at prices based on an unaudited net asset value ranging from 81.80 pence to 87.50 pence. This brings the total number of shares allotted under the offer to 29,383,613, with a total of 301,162,866 shares now in issue. This move is expected to enhance the company’s capital base and improve its trading presence on the London Stock Exchange, potentially impacting its market positioning and offering opportunities for stakeholders.

More about Foresight Vct

Average Trading Volume: 42,767

Technical Sentiment Consensus Rating: Strong Sell

For a thorough assessment of FTV stock, go to TipRanks’ Stock Analysis page.

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