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...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on VCTs/EIS

Albion Capital opens £50m fundraise across three VCTs

Albion Capital opens £50m fundraise across three VCTs

Reflects confidence in UK market

Linus Uhlig
clock 06 January 2025 • 2 min read
Amati Global Investors dropped from AIM VCT mandate in favour of private markets specialist Maven

Amati Global Investors dropped from AIM VCT mandate in favour of private markets specialist Maven

Follows strategic review

Eve Maddock-Jones
clock 06 December 2024 • 3 min read
Unicorn AIM VCT eyes £20m subscription offer

Unicorn AIM VCT eyes £20m subscription offer

£5m overallotment option

Cristian Angeloni
clock 27 November 2024 • 1 min read
Trustpilot