REG-Foresight Solar & Infrastructure VCT plc : Interim Management Statement <Origin Href="QuoteRef">FTSV.L</Origin>

Foresight Solar & Technology VCTAnnouncement

22/05/2017 16:05

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Foresight Solar and Infrastructure VCT plc
 Interim Management Statement for the Quarter Ended 31 March 2017

Foresight Solar VCT plc presents its interim management statement for the
quarter ended 31 March 2017. This constitutes the company's second interim
management statement for the financial year ending 30 June 2017.

The unaudited net asset value (NAV) per Ordinary Share as at 31 March 2017 was
104.3p (31 December 2016: 101.7p).

The unaudited net asset value (NAV) per C Share as at 31 March 2017 was 91.3p
(31 December 2016: 88.1p).

In line with original expectations, an interim dividend of 3.0p per Ordinary
Share and 2.5p per C Share was paid to shareholders on 7 April 2017.

The unaudited net asset value (NAV) per D Share as at 31 March 2017 was 97.5p
(31 December 2016: 98.9p).

At 31 March 2017 there were 38,290,862 Ordinary shares in issue. There were no
share movements during the three months ended 31 March 2017 in the ordinary
shares fund.

At 31 March 2017 there were 12,509,247 C shares in issue. There were no share
movements during the three months ended 31 March 2017 in the C shares fund.

At 31 March 2017 there were 4,777,025 D shares in issue. A total of 1,298,854
D Shares were issued during the three months ended 31 March 2017.

The net assets at 31 March 2017 comprised the following:

 Ordinary Shares Fund                                                  £'000    % of Net Assets 
 Unquoted Investments at fair value as determined by the Directors    41,792               105% 
 Quoted investments at bid price                                           0                 0% 
 Total venture capital investments                                    41,792               105% 
 Cash & liquid investments                                             1,391                 3% 
 Other net current assets                                            (3,251)               (8)% 
 Net Assets                                                           39,932               100% 

 C Shares Fund                                                        £'000    % of Net Assets 
 Unquoted Investments at fair value as determined by the Directors   11,389                99% 
 Quoted investments at bid price                                          0                 0% 
 Total venture capital investments                                   11,389                99% 
 Cash & liquid investments                                              166                 1% 
 Other net current assets                                             (135)               (1)% 
 Net Assets                                                          11,420               100% 

 D Shares Fund                                                         £'000    % of Net Assets 
 Unquoted Investments at fair value as determined by the Directors     1,620                35% 
 Quoted investments at bid price                                           0                 0% 
 Total venture capital investments                                     1,620                35% 
 Cash & liquid investments                                             4,602                99% 
 Other net current assets                                            (1,564)              (34)% 
 Net Assets                                                            4,658               100% 

For further information please contact: 
 Gary Fraser, Foresight
Group:                            020 3667 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 Solar & Infrastructure VCT plc via Globenewswire