Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).

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For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.

WHAT INFORMATION DO WE COLLECT ABOUT YOU?

We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.

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In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.

HOW WE USE INFORMATION

We store and use information you provide as follows:

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We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.

ACCESS TO YOUR INFORMATION AND CORRECTION

We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.

WHERE WE STORE YOUR PERSONAL DATA

The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.

CHANGES TO OUR PRIVACY POLICY

Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.

OTHER WEBSITES

Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.

CONTACT

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Foresight VCT PLC (FTV)

  Print      Mail a friend       Annual reports

Friday 19 November, 2010

Foresight VCT PLC

Interim Management Statement






Foresight VCT plc
Interim Management Statement for the Quarter Ended 30 September 2010

Foresight  VCT plc  presents its  interim management  statement for  the quarter
ended   30 September   2010.  This  constitutes  the  company's  second  interim
management statement for the financial year ending 31 December 2010, as required
by the UK Listing Authority's Disclosure and Transparency Rule 4.3.

The  unaudited net asset value (NAV) per Ordinary Share as at 30 September 2010
was  50.6p (30  June  2010: 47.3p).  The  unaudited  net  asset  value (NAV) per
Planned Exit Share as at 30 September 2010 was 94.9p (30 June 2010: 95.0p).  The
Board is not aware of any significant events or transactions between the date of
the NAV and the date of publication of this Interim Management Statement.

The  number of  Ordinary Shares  in issue  at 30 September 2010 was 47,741,385.
 During  the three months  ended 30 September 2010 no  shares were issued or re-
purchased by the company for cancellation.

The  number of Planned Exit Shares in issue at 30 September 2010 was 6,179,833.
 During  the three months ended  30 June 2010 4,139,395 Planned Exit Shares were
issued  but  no  Planned  Exit  Shares  were re-purchased  by  the  company  for
cancellation.


Net  assets  of  the  Ordinary  Shares  fund  at 30 September 2010 comprised the
following:
+-------------------------------------------------------+------+---------------+
|                                                       |£'000 |% of Net Assets|
+-------------------------------------------------------+------+---------------+
|Unquoted Investments at fair value as determined by the|      |               |
|Directors                                              |18,676|           77.4|
+-------------------------------------------------------+------+---------------+
|Quoted investments at bid price                        | 4,128|           17.1|
+-------------------------------------------------------+------+---------------+
|Total venture capital investments                      |22,804|           94.5|
+-------------------------------------------------------+------+---------------+
|Net Current Assets                                     | 1,335|            5.5|
+-------------------------------------------------------+------+---------------+
|                                                       |      |               |
|Net Assets                                             |24,139|          100.0|
+-------------------------------------------------------+------+---------------+


Net  assets of the  Planned Exit Shares  fund at 30 September 2010 comprised the
following:
+--------------------------------------------------------+-----+---------------+
|                                                        |£'000|% of Net Assets|
+--------------------------------------------------------+-----+---------------+
|Unquoted  Investments at fair value as determined by the|     |               |
|Directors                                               |1,813|           30.9|
+--------------------------------------------------------+-----+---------------+
|Quoted investments at bid price                         |    0|            0.0|
+--------------------------------------------------------+-----+---------------+
|Total venture capital investments                       |1,813|           30.9|
+--------------------------------------------------------+-----+---------------+
|Net Current Assets                                      |4,052|           69.1|
+--------------------------------------------------------+-----+---------------+
|                                                        |     |               |
|Net Assets                                              |5,865|          100.0|
+--------------------------------------------------------+-----+---------------+

Quoted  investments are carried  at bid price  as at 30 September 2010. Unquoted
investments  are carried at fair value  as at 30 September 2010 as determined by
the directors.

During  the  three  months  ended  30 September  2010 the  following significant
investment   transactions  took  place  (all  companies  unquoted  except  where
otherwise indicated):




Ordinary Shares Portfolio

Follow-on investments:

+---------------+----------------------------------------+---------------------+
|Name of Company|Business Activity                       |Amount Invested £'000|
+---------------+----------------------------------------+---------------------+
|Land Energy    |Production and sale of wood pellets and |33                   |
|               |construction and operation of combined  |                     |
|               |heat and power biomass plants.          |                     |
+---------------+----------------------------------------+---------------------+
|alwaysON       |VOIP for business users                 |30                   |
+---------------+----------------------------------------+---------------------+

Investment disposals:

+-----------------+------------------------+---------------+----------+
| Name of Company | Business Activity      | Original Cost | Proceeds |
|                 |                        | £'000         |          |
|                 |                        |               | £'000    |
+-----------------+------------------------+---------------+----------+
| SmartFOCUS      | Smart e-mail marketing | 41            | 107      |
+-----------------+------------------------+---------------+----------+


Planned Exit Shares Portfolio

Follow-on investments:

+---------------------------+----------------------------+---------------------+
|Name of Company            |Business Activity           |Amount Invested £'000|
+---------------------------+----------------------------+---------------------+
|i-Plas Group               |Manufactures building       |158                  |
|                           |products from waste plastic |                     |
+---------------------------+----------------------------+---------------------+
|Closed Loop                |Recycles waste plastic      |67                   |
|                           |bottles into food grade     |                     |
|                           |products                    |                     |
+---------------------------+----------------------------+---------------------+
|Foresight  Luxembourg Solar|Solar power electricity     |22                   |
|2                          |generation                  |                     |
+---------------------------+----------------------------+---------------------+

Investment disposals:

None

For further information please contact:

Gary Fraser, Foresight Group:                        01732 471 800



[HUG#1464077]








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Source: Foresight VCT PLC via Thomson Reuters ONE