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About the company
Foresight Technology VCT Plc is a United Kingdom-based venture capital trust. The Company’s principal activity is to provide private investors with capital growth from a portfolio of investments in fast-growing unquoted companies in the United Kingdom. The Company offers investors the opportunity to gain exposure to a portfolio of early-stage companies, developing disruptive technologies with high growth potential. The Company invests in a range of securities including, but not limited to, ordinary and preference shares, loan stock, convertible securities, and fixed-interest securities and cash. It has one share class, the FWT Shares, which intends to invest principally in early-stage United Kingdom technology companies. Foresight Group LLP is the investment manager of the Company.
- Revenue in GBP (TTM)-145.00k
- Net income in GBP-1.14m
- Incorporated2010
- Employees0.00
- LocationForesight Technology VCT OrdThe Shard, 32 London Bridge StreetLONDON SE1 9SGUnited KingdomGBR
- Phone+44 20 3667 8100
- Websitehttps://www.foresightgroup.eu/
Profile
| Management group(s) | Foresight Group LLP |
|---|---|
| AIC sector | VCT |
| ISIN | GB00BKF2JH04 |
| Launch date | 11 Mar 2020 |
| Share type | Ordinary Share |
| Structure | Investment Trust |
| Base currency | GBP |
Objective
To produce attractive returns for Shareholders by investing principally in earlystage UK technology companies. Funds raised by the inaugural FWT Share offer will, no later than three years following the end of the accounting period in which those shares are issued, be invested as to at least 80% in unquoted disruptive UK technology companies with 30% of such funds so invested within the first 12 months. The remainder of such funds raised will be held in cash or other permitted non-qualifying investments. Funds raised in the future will be invested in accordance with prevailing VCT rules at the time of investment.
Managed by
| Bill Yost, Chris Wiles, Edward Inns, Maria Nelson |
|---|
Management & contract fees
Foresight Group CI Limited will be entitled to an annual management fee of 2.0% of the Net Asset Value of the FWT Shares fund in respect of investment management services.
Peer analysis
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