Foresight VCT plans a new share subscription offer later in 2026

Foresight VCT announced on 7 September 2026 that it expects to open an offer for new ordinary shares later this year.

What has been announced

The board intends to provide a non-prospectus offer document. It expects the offer to use dispensations under the prospectus rules that took effect on 19 January 2026.

No fundraising target, subscription price, timetable, discount or final allocation terms were disclosed in this announcement. The board says further details will follow once finalised.

What this means

This is a financing intention, rather than confirmation that new capital has been raised. For existing shareholders, the eventual price relative to net asset value and the costs of issuing shares will determine the effect on their economic interest.

For prospective subscribers, the forthcoming offer document is the relevant source for the investment terms and applicable conditions. Today's short notice is insufficient to calculate dilution or expected returns.

The next useful announcement should establish the offer size, opening and closing dates, pricing methodology, expenses and intended deployment of proceeds.

Source: Company announcement, 7 September 2026.