Close of Shareholder Offer and Issue of Equity
August 24 2011 - 9:18AM
UK Regulatory
TIDMFRF
24 August 2011
Foresight 5 VCT plc ("the Company")
Close of Offer and Issue of Equity
The directors of Foresight 5 VCT plc confirm that the shareholder offer
("Shareholder Offer") as contained within the circular to shareholders on 22
July 2011 ("Circular") has closed. The shareholder offer was substantially over
subscribed and, as a result, shareholders applying for excess offers have been
scaled back depending on individual pro-rata entitlements.
The directors are pleased to announce that an allotment has taken place today of
5,439,493 ordinary shares of 1p each ("Ordinary Shares") at an offer price of
14p per share, pursuant to the Shareholder Offer.
Application for the Ordinary Shares to be admitted to the Official List of the
UK Listing Authority and to trading on the London Stock Exchange's main market
for listed securities has been made and it is expected that admission will take
place on 25 August 2011.
Following these allotments the issued ordinary share capital of the Company is
59,834,431 Ordinary Shares.
For further enquiries please contact:
Gary Fraser
Tel: 01732 471 809
Email:gfraser@foresightgroup.eu
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Foresight 5 VCT PLC via Thomson Reuters ONE
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