Publication of a Prospectus

Publication of a Prospectus

Foresight Solar & Technology VCT plc ("Company")
Publication of a Prospectus
Further to the announcement dated 1 December 2022, the board of the Company ("Board") is pleased to announce the publication of a prospectus relating to an Offer for Subscription to raise in aggregate up to £15 million (with an over-allotment facility for up to an additional £10 million) by issues of FWT Shares ("Offer").
Related party transaction
Foresight Group Promoter LLP (the “Promoter”) has been appointed as promoter of the Offer under the terms set out below and the Promoter, as an agent and associate of the Company’s manager Foresight Group LLP, is regarded as a related party of the Company under the Listing Rules, therefore the terms of this appointment constitute a related party transaction under rule 11.1.10 of the Listing Rules. Pursuant to an agreement dated 10 January 2023 relating to the Offer between, among others, the Company and the Promoter, the Promoter will receive a fee of an amount up to a maximum of 5.5% of the amount subscribed under the Offer by Investors for acting as promoter of the Offer.  
Further Information
The Offer is now open and will close on 3 April 2023 for the 2022/23 tax year and 22 December 2023 for the 2023/24 tax year or earlier if the Offer is fully subscribed or otherwise at the Board's discretion.
Full details of the Offer are set out in the Registration Document, Summary and Securities Note each dated 10 January 2023 which together comprise a Prospectus in accordance with the UK Prospectus Regulation.  All documents comprising the Prospectus will be available from the offices of the Promoter and the following website: https://www.foresightgroup.eu/products/foresight-solar-and-technology-vct-plc-fwt-shares
A copy of the Prospectus has also been submitted to the Financial Conduct Authority and will be shortly available for inspection on both the Promoter's website (www.foresightgroup.eu) as well as at the National Storage Mechanism https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
For further information, please contact:
Gary Fraser
Foresight Group
Telephone: 020 3667 8181


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