Interim Management Statement

Foresight 4 VCT plc Interim Management Statement for the Quarter Ended 31 May 2010 Foresight 4 VCT plc presents its interim management statement for the quarter ended 31 May 2010.  This constitutes the company's first interim management statement for the financial year ending 28 February 2011, 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 2010 was 102.6p (28 February 2010: 99.0p). The Board is not aware of any other 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 2010 was 32,318,870.  During the three months ended 31 May 2010 5,348,100 shares were issued and no shares were re-purchased by the company for cancellation. Net assets at 31 May 2010 comprised the following:   £'000   % of Net Assets Unquoted Investments at fair value as determined by the Directors 23,578 71.1 Quoted investments at bid price 615   1.8 -------- ---------------- Total venture capital investments 24,193   72.9 Net Current Assets 8,982   27.1 -------- ---------------- Net Assets 33,175   100.0 -------- ---------------- Quoted investments are carried at bid price as at 31 May 2010.  Unquoted investments are carried at fair value as at 31 May 2010 as determined by the directors. During the three months ended 31 May 2010 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| +---------------+----------------------------------------+---------------------+ |O-Gen Acme Trek|Manufactures and operates combined heat|512 | | |and power plants | | +---------------+----------------------------------------+---------------------+ |@Futsal |Indoor Futsal Centres |142 | +---------------+----------------------------------------+---------------------+ |The Bunker |Secure data centres |77 | +---------------+----------------------------------------+---------------------+ |Trilogy |Audio communications and signal|63 | | |management for the defence and| | | |broadcasting sectors | | +---------------+----------------------------------------+---------------------+ |SkillsMarket |Online information exchange for the|32 | | |recruitment industry | | +---------------+----------------------------------------+---------------------+ Investment disposals: +-----------------+-------------------------------------+-------------+--------+ |Name of Company |Business Activity |Original Cost|Proceeds| | | |£'000 |  | | | | |£'000 | +-----------------+-------------------------------------+-------------+--------+ |Datapath Holdings|Computer graphics cards and video |136 |136 | | |capture hardware | | | +-----------------+-------------------------------------+-------------+--------+ For further information please contact: Gary Fraser, Foresight Group:01732 471 800 [HUG#1431504] 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
UK 100

Latest directors dealings