Offer Update - Use of Over-Allotment Facility
20/12/2023 07:00
For best results when printing this announcement, please click on link below: http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20231220:nGNE3Xjpzs&default-theme=true FORESIGHT VCT PLC LEI: 213800GNTY699WHACF46 OFFER UPDATE – USE OF OVER-ALLOTMENT FACILITY 20 DECEMBER 2023 The Company published a prospectus on 15 November 2023 (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 2023/2024 and 2024/2025 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 in full to raise up to a further £5 million. The Offer will, unless fully subscribed earlier, remain open until 30 April 2024 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