Interim Management Statement

Foresight 4 VCT plc Interim Management Statement for the Quarter Ended 30 June 2011 Foresight 4 VCT plc presents its interim management statement for the quarter ended 30 June 2011.  This constitutes the company's first interim management statement for the financial year ending 31 March 2012, 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 June 2011 was 113.0p (31 March 2011: 112.0p). At 30 June 2011, there were 36,975,671 ordinary shares in issue. During the three months ended 30 June 2011 1,110,690 ordinary shares were issued at between 115.0p and 119.0p per share. There were no ordinary shares repurchased during the period. The Company continues to see strong deal flow in its core investment markets of environmental infrastructure and cleantech and small management buyouts and, subject to new funds being raised, expects to make further investments in these areas in the coming months. The net assets at 30 June 2011 comprised the following:   £'000   % of Net Assets Unquoted Investments at fair value as determined by the Directors 32,226 77.2 Quoted investments at bid price 1,727   4.1 -------- ---------------- Total venture capital investments 33,953   81.3 Net Current Assets 7,830   18.7 -------- ---------------- Net Assets 41,783   100.0 -------- ---------------- Quoted investments are stated at bid price as at 30 June 2011.  Unquoted investments are stated at fair value as at 30 June as determined by the Directors. During the three months ended 30 June 2011 the following significant investment transactions took place (all companies unquoted except where otherwise indicated): New and follow-on investments: +-----------------+--------------------------------------------+---------------+ |Name of Company |Business Activity |Amount Invested| | | |£'000 | +-----------------+--------------------------------------------+---------------+ |@Futsal |Indoor futsal (five a side football) arenas |342 | +-----------------+--------------------------------------------+---------------+ |Closed Loop |Recycles waste plastic bottles into food|310 | | |grade products | | +-----------------+--------------------------------------------+---------------+ |O-Gen Acme Trek |Biomass to energy plant operation |270 | +-----------------+--------------------------------------------+---------------+ |Crumb Rubber |Manufacture of fine rubber powder from|150 | | |recycled tyres | | +-----------------+--------------------------------------------+---------------+ |Silvigen |Integrated biomass fuel solutions |50 | +-----------------+--------------------------------------------+---------------+ |Amberfin |Internet content repurposing |13 | +-----------------+--------------------------------------------+---------------+ |Snell Corporation|Designer/manufacturer of digital equipment|8 | | |for the broadcast and post production| | | |industries Worldwide | | +-----------------+--------------------------------------------+---------------+ Investment disposals: There were no investment disposals in the quarter. For further information please contact: Gary Fraser, Foresight Group:                        01732 471 800 This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Foresight 4 VCT PLC via Thomson Reuters ONE [HUG#1548508]
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