Foresight 4 VCT PLC
03 July 2007
Foresight 4 VCT plc
Interim Management Statement for the Quarter Ended 31 May 2007
Foresight 4 VCT plc presents its interim management statement for the quarter
ended 31 May 2007. This constitutes the company's first interim management
statement for the financial year ending 28 February 2008, 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 31 May 2007 was
102.9p (28 February 2007: 101.5p). 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 31 May 2007 was 22,356,506. During
the three months ended 31 May 2007 no shares were issued and no shares were
re-purchased by the company for cancellation.
Net assets at 31 May 2007 comprised the following:
£'000 % of Net
Assets
Unquoted Investments at fair value as determined by the Directors 17,256 75.0
Quoted investments at bid price 768 3.3
Total venture capital investments 18,024 78.3
Net Current Assets 4,985 21.7
Net Assets 23,009 100.0
Quoted investments are carried at bid price as at 31 May 2007. Unquoted
investments are carried at fair value as at 31 May 2007 as determined by the
directors.
During the three months ended 31 May 2007 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
TFC Europe Distribution of technical fasteners 500
Iskra Wind Turbines Manufacturer of small, efficient wind turbines 750
O-Gen UK Develops, builds and operates waste wood to energy and 630
combined heat and power plants
Trilogy Communication Audio command and control systems 325
The Bunker Secure Hosting High security data centres 227
Adeptra Credit/debit card alert notification 47
Advanced Visual Develops and markets specialist software for floor space
Technology management in retail stores
25
There were no investment disposals in the period.
For further information please contact:
Gary Fraser, Foresight Venture Partners: 01732 471 800
This information is provided by RNS
The company news service from the London Stock Exchange
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