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

Further £10m over-allotment facility

clock • 1 min read

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...

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

Fuel Ventures VCT launches debut £50m fundraise

Fuel Ventures VCT launches debut £50m fundraise

Led by MyVoucherCodes founder

clock 25 January 2024 • 1 min read
Defaqto unveils new ratings for AIM and unlisted BR services

Defaqto unveils new ratings for AIM and unlisted BR services

Following MICAP acquisition

Sahar Nazir
clock 22 January 2024 • 2 min read
Calculus launches next EIS offering with tech and healthcare focus

Calculus launches next EIS offering with tech and healthcare focus

£2 tax free for each £1 invested

Hope Coumbe
clock 18 January 2024 • 1 min read
Trustpilot