This blog gives you the latest topical news plus some informal comments on them from ShareSoc’s directors and other contributors. These are the personal comments of the authors and not necessarily the considered views of ShareSoc. The writers may hold shares in the companies mentioned. You can add your own comments on the blog posts, but note that ShareSoc reserves the right to remove or edit comments where they are inappropriate or defamatory.

Foresight 4 VCT Update

ShareSoc wrote to shareholders in Foresight 4 VCT (FTF) in advance of the AGM on the 30th September. We suggested shareholders vote against the re-election of the directors. For the background, see: https://www.sharesoc.org/foresight4.html . Subsequently the board of the company indicated they were considering a merger with Foresight 3 VCT and also commented on our letter.

A riposte has been published here: https://www.sharesoc.org/Foresight-4-Update-1.pdf. As the note says, the tone and content of the comments are typical of a board attempting to distract shareholders away from their own failings.

Shareholders in Foresight 4 are encouraged to attend the AGM to learn more about the issues.

Roger Lawson

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