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Foresight VCT PLC Announces New Equity Allotment
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Foresight VCT PLC Announces New Equity Allotment

Story Highlights
  • Foresight VCT PLC allotted over 4 million shares under a subscription offer.
  • The new shares are to be listed on the London Stock Exchange, boosting total shares to 275 million.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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Foresight Vct ( (GB:FTV) ) has provided an update.

Foresight VCT PLC announced the allotment of 4,065,452 Ordinary Shares as part of a subscription offer outlined in its December 2024 prospectus. These shares, issued based on a net asset value ranging from 80.10 pence to 85.70 pence per share, are set to be listed on the London Stock Exchange around 20 January 2025. This allotment increases the total number of Ordinary Shares in issue to 275,844,705, reflecting the company’s efforts to bolster capital through equity issuance.

More about Foresight Vct

YTD Price Performance: 0.0%

Average Trading Volume: 67,088

Technical Sentiment Consensus Rating: Strong Sell

For an in-depth examination of FTV stock, go to TipRanks’ Stock Analysis page.

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