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An update from Downing ONE VCT ( (GB:FVEN) ) is now available.
Foresight Ventures VCT plc has allotted 301,023 new ordinary shares at 88.4p each under its Dividend Reinvestment Scheme, allowing shareholders to reinvest their dividends into additional equity in the trust. This move modestly increases the company’s share capital to 105,954,684 ordinary shares in issue and underscores ongoing investor engagement with the VCT as it continues to deploy capital into its portfolio of smaller companies.
The newly issued shares have been submitted for admission to the UK Listing Authority’s Official List and to trading on the London Stock Exchange, with admission expected on or around 31 March 2026. The issuance via the DRIS supports the trust’s capital base without a separate fundraising, potentially enhancing liquidity in the stock while maintaining alignment between the VCT and its income-focused shareholder base.
More about Downing ONE VCT
Foresight Ventures VCT plc is a UK-listed venture capital trust focused on investing in smaller, growth-oriented companies, providing investors with exposure to a diversified portfolio of venture and growth capital opportunities. The trust’s shares trade on the London Stock Exchange, giving retail and institutional investors access to its venture investment strategy.
Average Trading Volume: 41,471
Technical Sentiment Signal: Sell
Learn more about FVEN stock on TipRanks’ Stock Analysis page.