11th Mar 2024 16:39
Foresight Enterprise VCT PLC - venture capital trust focused on UK investments - Sells portfolio company Specac International Ltd, an Orpington, England-based manufacturer of spectroscopy accessories. The transaction generated GBP11.2 million in proceeds, Foresight says this will add 0.5 pence to the company's net asset value per share, bringing this up to 61.1p.
Foresight Chair Michael Gray says: "Specac has been a great success story for the company and our shareholders. We are delighted that Foresight group has been able to make such a positive contribution to the growth of the business and we wish Specac continued success."
Current stock price: 56.00 pence per share
12-month change: down 3.5%
By Hugh Cameron, Alliance News reporter
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