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An announcement from Downing ONE VCT ( (GB:FVEN) ) is now available.
Foresight Ventures VCT plc has executed a share buyback, purchasing 1,449,642 ordinary shares for cancellation at 86.19 pence each. Following this transaction, the company’s issued share capital now stands at 104,505,042 ordinary shares, all of which carry voting rights and none of which are held in treasury.
The updated total of 104,505,042 voting rights becomes the new reference figure for shareholders assessing disclosure thresholds under the FCA’s Disclosure and Transparency Rules. The board confirmed that all relevant inside information had been made public before the buyback, ensuring the company was permitted to deal in its own shares under market regulations.
More about Downing ONE VCT
Foresight Ventures VCT plc is a UK-listed Venture Capital Trust that invests in a portfolio of venture-stage and growth companies. As a VCT, it provides individual investors with exposure to early-stage businesses while offering associated tax advantages under UK rules, focusing on building a diversified, managed portfolio of private equity-style holdings.
Average Trading Volume: 41,471
Technical Sentiment Signal: Sell
For an in-depth examination of FVEN stock, go to TipRanks’ Overview page.