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IN BRIEF: Foresight sells Specac International for £11.2 million

ALN

Foresight Enterprise VCT PLC - venture capital trust focused on UK investments - Sells portfolio company Specac International Ltd, an Orpington, England-based manufacturer of spectroscopy accessories. The transaction generated £11.2 million in proceeds, Foresight says this will add 0.5 pence to the company’s net asset value per share, bringing this up to 61.1p.

Foresight Chair Michael Gray says: ‘Specac has been a great success story for the company and our shareholders. We are delighted that Foresight group has been able to make such a positive contribution to the growth of the business and we wish Specac continued success.’

Current stock price: 56.00 pence per share

12-month change: down 3.5%

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