TIDMFTF 
 
 
   Foresight 4 VCT plc 
 
   Merger Results 
 
   22 June 2017 
 
   This announcement is made by Foresight 4 VCT plc ("the Company") in 
connection with the merger of the Company with Foresight 3 VCT plc (in 
liquidation) ("F3"), by way of a scheme of reconstruction of F3 pursuant 
to Section 110 of the Insolvency Act 1986 and the transfer by F3 of all 
of their assets and liabilities to the Company ("Scheme"), details of 
which were contained in the Company's prospectus and circular to 
shareholders both dated 19 May 2017. 
 
   The board is pleased to advise that the resolution proposed at the 
general meeting of F3 held today was duly passed to be able to implement 
and effect the Scheme. 
 
   By way of implementation of the Scheme, the assets and liabilities of F3 
have been transferred to the Company in consideration for the issue of 
new ordinary shares of 1p each in the capital of the Company 
("Consideration Shares"). The total number of Consideration Shares 
issued to F3 shareholders in connection with the Scheme was 48,337,332 
at a deemed issue price of 72.91p per share. 
 
   Following implementation of the Scheme, the capital of the Company as at 
22 June 2017 consists of 105,712,831 shares of which none are held in 
treasury. The total number of voting rights in the Company is, therefore, 
105,712,831 which may be used by shareholders as the denominator for the 
calculations by which they will determine if they are required to notify 
their interest in, or a change to their interest in, the Company under 
the FCA's Disclosure, Guidance and Transparency Rules. 
 
   Application will shortly be made for all the Consideration Shares issued 
pursuant to the Scheme to be admitted to the Official List and to 
trading on the main market of the London Stock Exchange. It is expected 
that admission will become effective and that trading will commence on 
23 June 2017. CREST accounts are also expected to be credited on 23 June 
2017. 
 
   As a result of the merger becoming effective, Raymond Abbott has today 
been appointed as director and chairman of the Company and Peter Dicks 
has stepped down as a director of the Company. 
 
   For further enquiries please contact: 
 
   Gary Fraser, Foresight Group: 0203 667 8100 
 
 
 
   This announcement is distributed by Nasdaq Corporate Solutions on behalf 
of Nasdaq Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: Foresight 4 VCT PLC via Globenewswire 
 
 
  http://www.foresightgroup.eu/

(END) Dow Jones Newswires

June 22, 2017 09:28 ET (13:28 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.
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