Foresight VCT PLC : Issue of Equity

Foresight VCT plc

Allotment of Ordinary Shares

The Board of Foresight VCT is pleased to announce that in accordance with the terms of the Offer for Subscription dated 18 January 2016 (the "Offer"), 1,599,323 Ordinary Shares of 1p each in Foresight VCT plc were allotted on 31 October 2016 on an issue price based on a Net Asset Value of 82.6 pence per share.

Application has been made for the admission of the 1,599,323 Ordinary Shares of 1p each in Foresight VCT plc to the Official List of the UK Listing Authority and to trading on London Stock Exchange plc's market for listed securities.

Total shares allotted to date under the Offer by the Company now total 33,002,789 Ordinary Shares. Following this allotment there are now 119,502,167 Ordinary Shares of 1p each in issue.

For further information please contact:

Gary Fraser, Foresight Group: 020 3667 8100

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX 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 VCT PLC via GlobeNewswire