Foresight VCT opens £5m overallotment in response to strong demand

Open until April 2024

Cristian Angeloni
clock • 1 min read

The board of Foresight VCT has opened the £5m overallotment facility on its fundraise, in response to further demand.

This follows the launch of its up to £20m fundraise in November, which allowed for a potential £5m overallotment. Foresight Enterprise VCT launches £30m fundraise In a stock exchange announcement today (20 December), the VCT board said that, to accommodate further demand, it will raise up to a further £5m, with the offer remaining open until 30 April 2024, unless fully subscribed before that date. Foresight VCT explained the facility will be issued via the subscription of new ordinary shares worth 1 pence each. In November, the venture capital trust explained the fundraise ...

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