Foresight Technology VCT Completes Equity Raise
Why we think this is neutral
The RNS announcement indicates a completion of an equity raise, which is a neutral event as it does not provide any additional information about the company's performance or outlook.
Key Points
- Completion of equity raise
- 326,205 new shares issued
- Offer prices ranged from 91.4p to 97.2p per share
Summary
The technology investment company has completed an equity raise, providing additional capital for the business.
Foresight Technology VCT plc has announced the completion of an equity raise, issuing 326,205 new shares at offer prices ranging from 91.4p to 97.2p per share. The raise was conducted under the terms of the company's Offer for Subscription dated 5 September 2024. The new shares will be admitted to trading on the London Stock Exchange on or around 9 June 2025.
PLACING