LONDON: Foresight Enterprise VCT Plc has successfully divested its stake in Specac International Limited, a leading manufacturer of mass spectroscopy accessories. The sale culminated in a substantial £11.2 million in proceeds, marking a tenfold return on the initial investment, with an impressive internal rate of return (IRR) of 34%. Prior to the transaction, the company’s…
All posts tagged Foresight Enterprise VCT
Foresight Enterprise VCT to offer £30 million of new shares
LONDON, UK: The board of Foresight Enterprise VCT announced intention to launch an offer for subscription to raise up to £20 million (with an over-allotment of up to £10 million) through the issue of new ordinary shares. The prospectus, which will contain full details and the terms and conditions of the Offer, is expected to…