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Foresight VCT PLC Announces Share Allotment

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Foresight VCT PLC Announces Share Allotment

Elevate Your Investing Strategy:

The latest announcement is out from Foresight Vct ( (GB:FTV) ).

Foresight VCT PLC announced the allotment of 3,267,029 Ordinary Shares under its Dividend Reinvestment Scheme at a price of 70.0p per share. This move increases the total number of shares in issue to 304,751,613 and the new shares are expected to be admitted to trading on the London Stock Exchange around 2 July 2025.

Spark’s Take on GB:FTV Stock

According to Spark, TipRanks’ AI Analyst, GB:FTV is a Outperform.

Foresight Vct’s stock is supported by strong technical indicators and an attractive valuation. The company’s strong profitability and robust balance sheet are slightly offset by challenges in revenue growth and cash flow management. The absence of debt and a high dividend yield further enhance its appeal.

To see Spark’s full report on GB:FTV stock, click here.

More about Foresight Vct

Average Trading Volume: 135,629

Technical Sentiment Signal: Strong Buy

Find detailed analytics on FTV stock on TipRanks’ Stock Analysis page.

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