Foresight Enterprise VCT launches £20m share offer

Additional £10m via over-allotment facility

Lauren Mason
clock • 1 min read

Infrastructure specialist manager Foresight Group has launched a new offer for subscription to raise £20m for its Enterprise VCT, with the ability to raise a further £10m through the issuance of new shares via an over-allotment facility.

The offer is open to investors for tax years 2021/2022 as well as 2022/2023, and comes as the team seeks to expand its 35-strong portfolio of investments in UK small and medium-sized businesses. Foresight Enterprise VCT aims to provide investors with an attractive stream of tax-efficient income through a portfolio high-growth companies, whose enterprise values range between £5m and £35m and who are looking for an additional injection of capital to bolster growth. Seraphim Space trust CEO: Space companies face 'wave of consolidation' James Livingston, partner at Foresight Group, sai...

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