Foresight VCT plc Plans Fundraising Offer for New Shares

Foresight VCT plc, a venture capital company, has announced its intention to launch a fundraising campaign later this year. According to the board, the company plans to open an offer for the subscription of new ordinary shares, with the intention of capitalizing on the new Prospectus Rules that came into effect on January 19, 2026.

Under these new rules, Foresight VCT plc will not be required to publish a full prospectus to make the Offer. Instead, the company will prepare a non-prospectus Offer Document that will provide necessary details to shareholders and prospective investors once the finalization process is complete.

"The board is optimistic about the opportunity to raise funds while adhering to the more streamlined process provided by the new Prospectus Rules," said Stephen Thayer, Company Secretary of Foresight Group LLP. "We believe this approach will help us reach our financial goals more efficiently."

The fundraising offer is expected to open later this year, and further details will be made available as they become finalized. Shareholders and potential investors are encouraged to stay informed and engaged with Foresight VCT plc for updates.

For those interested in learning more, Foresight VCT plc is committed to providing comprehensive information as the process progresses.