FVEN.LSE
Foresight Ventures VCT reports NAV per share of 85.0p and proposes 1.8p final dividend
Foresight Ventures VCT Plc announced its final results for the year ended 31 March 2026, reporting a net asset value per share of 85.0p and a net asset total return of negative 1.0 percent after dividends of 4.2p per share. The company made two new investments costing £1.3 million and 15 follow-on investments in ten existing portfolio companies costing £7.2 million, while fully exiting eight investments and partially exiting ten others, resulting in realised losses of £6.6 million and a gain of £1.2 million respectively. The investment portfolio rose by £4.7 million in value, driven by acquisitions of £8.5 million and unrealised gains of £7.2 million, partially offset by disposals of £11.0 million. A final dividend of 1.8p per share was paid in October 2025, and interim and special dividends of 1.8p and 0.6p per share were paid in March 2026, returning a total of £4.0 million to shareholders. The board is proposing a final dividend of 1.8p per share for the year, payable on 30 October 2026, and the company raised £4.9 million under its offers for subscription, with an additional £2.7 million raised post year end.