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Foresight Ventures VCT Tightens Share Capital with Latest Buyback

Story Highlights
  • Foresight Ventures VCT bought back and cancelled 1,485,437 ordinary shares at 86.68p each.
  • The buyback leaves 103,441,041 voting shares in issue, setting a new FCA disclosure baseline.
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Foresight Ventures VCT Tightens Share Capital with Latest Buyback

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Downing ONE VCT ( (GB:FVEN) ) has provided an announcement.

Foresight Ventures VCT plc has executed a share buyback, purchasing 1,485,437 ordinary shares for cancellation at 86.68 pence per share, as part of its ongoing capital management strategy. Following the transaction, the company’s issued share capital stands at 103,441,041 ordinary shares, all carrying voting rights and with no shares held in treasury, a figure that will serve as the new denominator for shareholders assessing disclosure thresholds under FCA transparency rules; the board confirmed that all relevant inside information had been disclosed before the buyback, underscoring compliance with market abuse and disclosure regulations.

More about Downing ONE VCT

Foresight Ventures VCT plc is a UK-listed venture capital trust that invests in a diversified portfolio of smaller, growth-oriented companies, providing retail investors with tax-efficient exposure to the venture capital and private equity market.

Average Trading Volume: 2,111

Technical Sentiment Signal: Sell

See more insights into FVEN stock on TipRanks’ Stock Analysis page.

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