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Foresight Ventures VCT Expands Capital Base With New Share Allotment

Story Highlights
  • Foresight Ventures VCT allotted over 2.2 million new shares under its ongoing subscription offer.
  • The new issue lifts total shares to about 105.7 million, enhancing the trust’s capital for investments.
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Downing ONE VCT ( (GB:FVEN) ) has provided an announcement.

Foresight Ventures VCT has allotted 2,212,620 new ordinary shares of 1p each under its latest Offer for Subscription, at prices between 90.80p and 97.63p, based on an unaudited NAV of 90.80p per share. The new shares, which bring total shares in issue to 105,653,661, are expected to be admitted to the FCA’s Official List and to trading on the London Stock Exchange around 9 March 2026, modestly expanding the trust’s capital base and investment capacity for shareholders.

More about Downing ONE VCT

Foresight Ventures VCT plc is a UK-listed venture capital trust that invests in a portfolio of early-stage and growth companies, offering investors exposure to venture capital assets with associated tax incentives. The trust is managed by Foresight Group LLP and its shares are traded on the London Stock Exchange, targeting investors seeking diversified venture-focused returns.

Average Trading Volume: 49,404

Technical Sentiment Signal: Strong Sell

Learn more about FVEN stock on TipRanks’ Stock Analysis page.

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