(MENAFN- GlobeNewsWire - Nasdaq) FORESIGHT ENTERPRISE VCT PLC
LEI: 213800MWJNR3WZZ3ZP42
OFFER UPDATE – USE OF OVER-ALLOTMENT FACILITY
The Company published a prospectus on 14 October 2022 ( Prospectus ) containing an offer for subscription to raise up to £20 million with an over-allotment facility to raise up to a further £10 million through the subscription of new ordinary shares of 1p each ( Offer ). Full details of the Offer are contained in the Prospectus, which include details relating to the expected timetable for accepting applications for the 2022/2023 and 2023/24 tax years.
In order to accommodate further demand, and in accordance with terms of the Prospectus, the Board of Directors of the Company ( Board ) has decided to implement the over-allotment facility available under the Offer to raise up to a further £10 million. The Offer will remain open until 28 April 2023 unless fully subscribed as to the amount available before this date or otherwise at the Board's discretion.
MENAFN17032023004107003653ID1105804990
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.