Foresight launches £15m share offer for Solar & Technology VCT FWT shares

Further £10m over-allotment facility

Foresight group has launched a £15m offer for the FWT share class of its Solar & Technology VCT.

The FWT share class was launched in December 2019 and has raised about £20m and made 27 investments. The offer includes an over-allotment facility that allows Foresight to raise a further £10m through the issue of new shares. Despite the difficult market environment, a number of the portfolio companies raised additional funding in 2022, four of which raised over £20m. Baronsmead VCTs open to investors with two more set to follow Andy Bloxam, director at Foresight Group, said: "As growth investors, we have backed some of the most exciting and forward-thinking businesses in th...