5th Apr 2019 16:20
LONDON (Alliance News) - Foresight 4 VCT PLC on Friday said it will increase the number of shares available for subscription under the offer to raise up to a further GBP30.0 million.
The investment company launched a subscription offer in mid-June last year, raising GBP50.0 million.
On Friday, Foresight 4 VCT said it has reached the full GBP50.0 million capacity under the offer for subscription. Accordingly, the company intends to utilise the GBP30.0 million over-allotment facility.
Foresight 4 VCT shares were trading 1.7% lower on Friday at 59.00 pence each, giving it a market capitalisation of GBP110.2 million.
Related Shares:
Foresight Ent