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Offer Update �

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FORESIGHT VCT PLC
Legal Entity Identity number: 213800GNTY699WHACF46

OFFER UPDATE – USE OF OVER-ALLOTMENT FACILITY
17 DECEMBER 2024

The Company published a prospectus on 10 December 2024 (Prospectus) containing
an offer for subscription to raise up to £20 million with an over-allotment
facility to raise up to a further £5 million through the subscription of new
ordinary shares of 1p each (Offer). Full details of the Offer are contained in
the Prospectus, which include details relating to the expected timetable for
accepting applications for the 2024/2025 and 2025/26 tax years.

In order to accommodate further demand, and in accordance with terms of the
Prospectus, the Board of Directors of the Company (Board) has decided to
implement the over-allotment facility available under the Offer to raise up to
a further £5 million, with the first allotment under the over-allotment
facility intended to be made in January 2025. The Offer will remain open until
30 April 2025 unless fully subscribed as to the amount available before this
date or otherwise at the Board's discretion.

For further information, please contact:

Company Secretary:
Foresight Group LLP
 Contact: Gary Fraser Tel: 0203 667 8100

Investor Relations:
Foresight Group LLP
Contact: Andrew James Tel: 0203 667 8181

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