FORESIGHT VCT PLC (FTV)

  This year’s Foresight VCT AGM was held on Tuesday 22nd May commencing at 14:00, at the Foresight Offices, 23rd floor, The Shard, SE1 9SG. There were around 25 attendees, which included about 16 ordinary shareholders, the BOD and representatives from the manager. Links to the Annual Report for year ending Dec 2017 and my notes from last year’s AGM are shown below: http://www.foresightgroup.eu/media/843001/f-vct-annual-report-and-a... https://www.sharesoc.org/agm-reports/foresight-vct-agm-2017/ The Chairman (John Gregory) kicked of the meeting by announcing the running order for the meeting, which began with a presentation from ...

This year’s Foresight VCT AGM was held on Tuesday 23rd May starting at 10:00, at the Foresight Offices, 23rd floor, The Shard, SE1 9SG. There were around 25 attendees, which included about 10 ordinary shareholders, the BOD and representatives from the manager and two investee companies. The Annual report for year ending Dec 2016 can be found here: http://www.foresightgroup.eu/media/130946/2016-annual-report-accoun... The Chairman (John Gregory) kicked of the meeting by announcing that he had received feedback from a number of shareholders who had complained that a 10:00 ...

Foresight 1 VCT (FTV) held a General Meeting on the 8th March. The purpose of the meeting was to approve share issuance to raise up to £20 million in new capital, and to approve a new performance fee for the manager (Foresight Group CI Ltd) plus a co-investment scheme. Before reporting on the meeting, let me repeat what I said about these proposals beforehand in a blog post: "The covering letter from the Chairman suggests that the VCT is "regarded as one of ...

Yesterday, the 28th May 2015 I attended the annual general meeting of Foresight VCT in Foresights offices on the 17th floor of the Shard (one wonders how high the rent is) in central London. A few headline statistics for Foresight as at year end are as follows: current yield 7%, Nav up 8% on 2013 from the ordinary share class, Nav down 12% on the planned exit share class, Nav approx level on the infrastructure share class (no, I don’t know ...

Foresight VCT is a Venture Capital Trust which I have been holding for many years – locked in effectively by having claimed capital gains roll-over relief on my initial investment (no longer available to new investors in VCTs unfortunately – perhaps that is a good thing because if you sell the shares you get the relief rolled back out and end up with a large tax bill!). I attended the AGM on the 23rd May 2012. This is quite a brief report. ...