Foresight 4 VCT PLC : Merger Update

10 August 2015

FORESIGHT 4 VCT PLC ("Company")

CONVERSION OF C SHARES INTO ORDINARY SHARES

Further to the announcement on 3 July 2015 the board of Foresight 4 VCT plc is pleased to announce that the conversion of the C ordinary shares of 1p each ("C Share") into ordinary shares of 1p each ("Ordinary Shares") will take place today (10 August 2015) ("Conversion").

As part of the Conversion, the suspension of the listing of the Company's C Shares took place at 7.30am today (10 August 2015).

On the basis of the net asset value of the Company's C Shares as at 31 March 2015 of 85.8p per C Share (being the audited NAV per C Share of 110.8p as at 31 March 2015, adjusted to take account of the 25.0p per C Share dividend paid on 6 August 2015) and the NAV of the Company's Ordinary Shares as at 31 March 2015 of 83.9p, the conversion ratio was 1.022646.

On the basis of the conversion ratio, 19,101,896 new Ordinary Shares have been allotted.  Application has been made for the 19,101,896 new Ordinary Shares to be admitted to the premium segment of the Official List of the UK Listing Authority and the main market for listed securities of the London Stock Exchange plc.   It is expected that admission will become effective and that trading in the new Ordinary Shares will commence on 11 August 2015.

Accordingly, the Company's issued share capital with effect from 11 August 2015 will be 57,386,310 Ordinary Shares which are also the total number of voting rights. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interests in the Company under the FCA's Disclosure and Transparency Rules.

For further information, please contact:

Gary Fraser
Foresight Group LLP
Telephone: [phone]

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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 4 VCT PLC via Globenewswire

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