REG-Foresight 4 VCT PLC : Tender Offer Results <Origin Href="QuoteRef">FTF.L</Origin>

Foresight Enterprise VCTAnnouncement

22/09/2017 08:00

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Tender Offer Results
22 September 2017
Foresight 4 VCT PLC (Company)

The Company posted to shareholders on 21 July 2017 a tender offer document
(Tender Offer Document) in respect of a tender offer to purchase shares in the
Company (Shares) having an aggregate value at the tender price of up to £5
million (Tender Offer). Terms used in this announcement shall have the same
meaning as in the Tender Offer Document.

The latest published NAV per Share is 69.18p. Accordingly, the Tender Price
will be 63.9915p per Share (92.5% of the most recently published NAV per Share
as at the date of the purchase under the Tender Offer, rounded down to four
decimal places). The Basic Entitlement Percentage is, therefore, 7.4264108%
(rounded).

The results of the Tender Offer are as follows:

Total number of Shares in issue as at the Record Date: 105,212,831

Shares tendered for the Basic Entitlement: 2,107,348

Shares tendered for more than the Basic Entitlement: 11,884,813

Shares not tendered under the Basic Entitlement (i.e. excess available):
5,706,189

Total number of Shares tendered: 13,992,161

Shareholders who tendered in excess of the Basic Entitlement will have
approximately 48.02% of their excess satisfied (rounded down) resulting in
5,706,189 Shares being tendered under the excess available.

The Tender Offer is expected to be completed today with a total of 7,813,537
Shares to be purchased by the Company for cancellation for an aggregate price
of £4,999,994.10. Following completion of the Tender Offer, 97,399,294 Shares
will be in issue.

CREST accounts of shareholders who hold their Shares in CREST are expected to
be credited and updated by 29 September 2017. Cheques and balancing Share
certificates in respect of shareholders who do not hold their Shares in CREST
are also expected to be dispatched by 29 September 2017.

Enquiries:
Gary Fraser
Foresight Group LLP 
Tel: 020 667 8100
This announcement is distributed by Nasdaq Corporate Solutions on behalf of
Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for
the content, accuracy and originality of the information contained therein.
Source: Foresight 4 VCT PLC via Globenewswire