Foresight VCT (FTV)

Sector:

Investment Firms

 75.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 83.00
  • 52 Week Low: 74.00
  • Currency: UK Pounds
  • Shares Issued: 219.15m
  • Volume: 0
  • Market Cap: 165.46m
  • RiskGrade: 25
  • Beta: 0.00

Foresight agrees merger with Keydata VCTs

Date: Thursday 27 Jan 2011

LONDON (ShareCast) - Foresight VCT has finalised its merger proposals with Keydata Income VCT 1 and Keydata Income VCT 2.

The combined VCT will have net assets of more than 30m and it will expand Foresights exposure to environmental infrastructure investments. The larger size of the VCT will make it more efficient and less costly. The two Keydata VCTs have annual running costs of 376,000 and more than 200,000 of those costs are likely to be saved. It will also be easier to afford to pay dividends.

As part of the merger, the two Keydata VCTs will be placed in members' voluntary liquidation and their assets and liabilities transferred to Foresight VCT. The transaction is expected to be completed by 28 February.

The shareholders of each VCT have to agree to the merger. The total cost of the merger will be 300,000.

The exact terms of the deal will be based on the Keydata VCTs individual roll-over values on 24 February. There could be additional consideration payable relating to a biomass energy plant in Derby. The value of the transaction will not exceed 6.4m in total.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Foresight VCT Market Data

Currency UK Pounds
Share Price 75.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 83.00
52 Week Low 74.00
Volume 0
Shares Issued 219.15m
Market Cap 165.46m
Beta 0.00
RiskGrade 25

Foresight VCT Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
19.30% above the market average19.30% above the market average19.30% above the market average19.30% above the market average19.30% above the market average
7.44% above the sector average7.44% above the sector average7.44% above the sector average7.44% above the sector average7.44% above the sector average
Price Trend
51.26% above the market average51.26% above the market average51.26% above the market average51.26% above the market average51.26% above the market average
48.86% above the sector average48.86% above the sector average48.86% above the sector average48.86% above the sector average48.86% above the sector average
Income
8.02% below the market average8.02% below the market average8.02% below the market average8.02% below the market average8.02% below the market average
35.06% below the sector average35.06% below the sector average35.06% below the sector average35.06% below the sector average35.06% below the sector average
Growth
16.54% below the market average16.54% below the market average16.54% below the market average16.54% below the market average16.54% below the market average
10.13% below the sector average10.13% below the sector average10.13% below the sector average10.13% below the sector average10.13% below the sector average

Foresight VCT Dividends

  Latest Previous
  Special Final
Ex-Div 06-Oct-22 09-Jun-22
Paid 21-Oct-22 24-Jun-22
Amount 4.00p 4.50p

Trades for --2023

Time Volume / Share Price
0 @ 0.000p

Top of Page