Foresight Ventures VCT plc (LSE:FVEN) has issued 39,545 new ordinary shares under its ongoing subscription offer at a price of 92.09 pence per share. The pricing was based on an unaudited net asset value of 88.40 pence per share.
The company said applications have been submitted for the new shares to be admitted to the FCA’s Official List and for trading on the London Stock Exchange, with admission expected around 7 May 2026.
Total shares issued under offer exceed 5.6 million
Following the latest allotment, the total number of shares issued through the current fundraising offer has reached 5,631,667 ordinary shares. The company’s total issued share capital has now increased to 107,517,576 ordinary shares.
The board also confirmed that the offer for subscription has officially closed, with all valid applications submitted before 30 April 2026 now processed and allotted.
Fresh capital supports future investment activity
The completion of the fundraising round provides the venture capital trust with additional capital to support future investments across its portfolio strategy. The new funds are expected to be deployed into early-stage and growth-focused businesses in line with the trust’s investment objectives.
The issuance also reflects continued investor participation in VCT structures, which offer tax-efficient exposure to smaller and developing companies under UK venture capital trust regulations.
More about Foresight Ventures VCT
Foresight Ventures VCT plc is a UK-listed venture capital trust focused on investing in early-stage and expanding businesses. The company provides investors with access to a diversified portfolio of private and smaller quoted companies while operating within the UK’s VCT framework, which is designed to encourage investment through tax-efficient incentives.
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