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Foresight VCT Raises £1.7m Through New Share Allotment

Story Highlights
  • Foresight VCT raised about £1.7m by allotting 2.3m new shares under its subscription offer.
  • The trust has now issued over 54m shares in this offer, boosting its capital base and investment capacity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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

Foresight VCT plc has allotted 2,315,126 new ordinary shares of 1p each under its current offer for subscription, raising approximately £1.7 million at prices based on an unaudited net asset value of 71.10 pence per share. Application has been made for the new shares to be admitted to trading on the London Stock Exchange around 10 March 2026, expanding the total number of shares in issue to 353,238,173 and indicating solid investor demand for the ongoing fundraise.

The company has now issued 54,209,685 ordinary shares under this offer, underlining continued success in attracting fresh capital to support its investment strategy in smaller UK companies. The enlarged equity base should enhance Foresight VCT’s capacity to make new investments and further diversify its portfolio, with implications for both existing shareholders and prospective investors as the trust deploys the newly raised funds.

The most recent analyst rating on (GB:FTV) stock is a Hold with a £71.00 price target. To see the full list of analyst forecasts on Foresight Vct stock, see the GB:FTV Stock Forecast page.

Spark’s Take on GB:FTV Stock

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

The score is driven primarily by a very strong, low-risk balance sheet (no debt) but is held back by uneven cash generation and revenue volatility. Technicals are neutral with little trend strength, while the high dividend yield provides a valuation support.

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

More about Foresight Vct

Foresight VCT plc is a UK-listed venture capital trust that raises funds from investors to back a diversified portfolio of smaller, growth-focused companies. Its shares trade on the London Stock Exchange, providing investors with tax-advantaged exposure to early-stage and scale-up businesses across various sectors in the UK market.

Average Trading Volume: 190,062

Technical Sentiment Signal: Strong Buy

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

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