Foresight Ventures VCT

A portfolio of emerging tech growth companies, focused on solving global challenges with large market potential.

*As at 31 March 2025

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Open: Early bird discount of 1.5% available on applications submitted by 31 December 2025

Overview

What is the Foresight Ventures VCT fund?

Foresight Ventures VCT Plc (merger of the former Thames Ventures VCT 1 Plc and Thames Ventures VCT 2 Plc) invests into companies developing innovative and disruptive technologies which address the large market opportunity presented by some of the world’s greatest current challenges.

What is Foresight Ventures VCT’s investment strategy?

Foresight Ventures VCT Plc aims to invest in companies looking to expand internationally and is supported by Venture Partners based in the United States, Israel and UAE for both deal origination and expanding Foresight’s international network.

Reports & Documents

RNS feed

Regulatory news

Financial calendar

31 March Year End
June/July Annual Report & Accounts Published
30 September Half Year
November/December Interim Report & Accounts Published
August/September Annual General Meeting
January/February and August/September Bi-Annual Dividends Paid

Dividends

17 October 2025

1.8p

View full dividend history

Date	Dividend per share
17 October 2025	1.8p
14 March 2025	2.0p
26 July 2024	1.1p
2 February 2024	1.0p
15 September 2023	1.0p
18 January 2023	1.5p
26 August 2022	1.75p
25 February 2022	1.25p
27 August 2021	1.25p
26 February 2021	1.25p
18 September 2020	2p
28 February 2020	2p
30 August 2019	2p
22 February 2019	3p
24 August 2018	3p
23 February 2018	3p
18 August 2017	4.5p
24 February 2017	3p
12 August 2016	3p
26 February 2016	3p
7 August 2015	3p
20 February 2015	2p
19 September 2014	2p
28 March 2014	2p

Board of Directors

Atul Devani

Chair

Chris Allner

Non-Executive Director

Stella Panu

Non-Executive Director

Dr Andrew Mackintosh

Non-Executive Director

VCT illustration tool

Use our illustration tool to help you determine the potential return for an investor in a Foresight VCT product.

VCT Illustration

Featured portfolio companies

Audioscenic

Sector: 3D audio technology

Year of investment: 2022

Ayar Labs

Sector: Deep tech and high performance computing

Year of investment: 2020

Dragonfly AI

Sector: SaaS Platform

Year of investment: 2020

How do I sell my shares?

What are share buybacks?

VCTs are considered long term investments. Once the minimum five-year holding period has lapsed, there should be no tax penalties for investors who sell their VCT shares.

The most common way investors sell their Foresight Ventures VCT shares is through a share buyback.

Share buybacks allow existing Foresight Ventures VCT shareholders to sell their shares back to the VCT at a small discount* to their Net Asset Value (NAV). The NAV is the combined value of all the assets owned by Foresight Ventures VCT after deducting the value of its liabilities.

*(approximately 2.5%, and subject to the buyback policy of the VCT)

When can I participate in a share buyback?

VCTs are restricted from time to time in trading their own shares. This is known as a closed period as set out in the Market Abuse Regulation (MAR) and becomes effective prior to the publication of the company year end and interim results.

The closed period for Foresight Ventures VCT is from 1 April until the announcement of the annual results towards the end of July and from 1 October until the announcement of the interim results towards the end of November.

How do I access the share buyback scheme?

To simplify the share buyback process, Foresight have partnered with Redmayne Bentley. Please click the button below to be redirected to Redmayne Bentley’s website for more information on how to sell your Foresight Ventures VCT shares via the share buyback scheme.

Foresight cannot provide investment advice and as a result cannot assess the suitability of any transaction you make. We recommend Shareholders seek advice from a regulated financial adviser.

Visit Redmayne's website

FAQs

I have lost my share certificate; how do I obtain a duplicate?

If you are not in possession of your share certificate, you will be required to contact the registrar to advise that you require a replacement share certificate.

Please send a letter confirming you have lost your share certificate, and City will contact the company direct and arrange to provide a replacement share certificate.

Please send your signed letter to: The City Partnership (UK) Limited, The Mending Rooms, Park Valley Mills, Meltham Road, Huddersfield HD4 7BH.

You may also send a scanned signed copy to registrars@city.uk.com.

How do I update my Bank or Building Society Mandate Instructions?

If you need to update your mandate instructions on your shareholding, please login to your Investor Hub account, click on ‘My Shares’ and then click on your name. You then need to click the ‘Bank Details’ tab and complete the relevant fields before clicking ‘Save’.

Alternatively, please complete a Dividend Mandate Form or inform City (the registrar) in writing of your bank account details and send to: The City Partnership (UK) Limited, The Mending Rooms, Park Valley Mills, Meltham Road, Huddersfield HD4 7BH. You may also send a scanned signed copy to registrars@city.uk.com

If you are a joint shareholder all shareholders must sign the mandate form. Individuals signing on behalf of a company must state their capacity (signing authority).

How do I change my Dividend Reinvestment Scheme election (if applicable)?

If you need to update your Dividend Reinvestment Scheme election on your shareholding, please login to your Investor Hub account and follow these steps:

Click on ‘My Shares’ and then on your name
You now need to click the ‘Summary’ tab and select your relevant shareholding description
Now you will see your general shareholding details (as well as details of transactions, share certificates, payments, and dividend elections (if applicable))
Select ‘Details’ and scroll down to the ‘Election Type’ section and click ‘Change’
Scroll down again to the ‘Manage Election’ section
Now check the details are correct and read the terms and conditions
To finalise, tick the declaration at the bottom and click ‘Submit’

If you would like to enrol in the Dividend Reinvestment Scheme, you may also complete a form (a PDF should be downloadable in the ‘Manage Election’ section). You may also either visit the company’s website to download a Dividend Reinvestment Scheme election form, if available or email City at registrars@city.uk.com to request one.

If you would like to withdraw from the Dividend Reinvestment Scheme on your Investor Hub account, please return to the ‘Election Type’ section and click ‘Change’.

Scroll down to the ‘Manage Election’ section and click ‘Withdraw from Scheme’ or you can complete a Dividend Reinvestment Removal Form or send a letter of instruction (which includes your full name, address and the company you hold shares in to:- The City Partnership (UK) Limited, The Mending Rooms, Park Valley Mills, Meltham Road, Huddersfield HD4 7BH.

You may also send a scanned signed copy to registrars@city.uk.com

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News & Insights

News

Important information

Capital is at risk. The value of an investment, and any income from it can fall as well as rise and investors may not get back the full amount they invest. Venture Capital Trusts (“VCTs”) should be considered longer-term investments and may be higher risk and more difficult to realise than an investment in listed securities. Investments will be made in small unquoted companies, which carry a higher risk than many other forms of investment. These investments will be illiquid and may expose you to a significant risk of losing all of the money you invest. Tax reliefs are dependent on the VCT maintaining its qualifying status and on investors’ individual circumstances. Current tax rules are subject to change. If a VCT loses its qualifying status, tax advantages will be withdrawn from that point. VCTs usually trade at a discount to their net asset value.

Past performance is not a reliable indicator of future performance. Foresight Group LLP does not provide investment, legal, tax or other advice and the information on this website should not be construed as such. We recommend investors seek advice from a regulated financial adviser.

Investors should only invest in Foresight VCTs on the basis of information contained in the applicable Documentation (including any Brochure, Fund Prospectus, Offer Documents, Key Information Documents and Disclosure Documentation) or Terms and Conditions of Investment as appropriate.

Please refer to our Risk Warnings page for full general and specific risk information.

View our risk warning

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