Foresight 4 Vct PLC (LSE:FTF) commences share repurchase on July 15, 2022, under the program mandated by the shareholders in the Annual General Meeting held on June 9, 2022. As per the mandate, the company is authorized to repurchase up to a maximum of 29,544,729 ordinary shares, representing 14.99% of its issued capital. The minimum price which may be paid per ordinary share will be £0.01.

The maximum price which may be paid for any ordinary share will be equal to the amount 105% of the average of the closing price of the company's ordinary shares as derived from the London Stock Exchange Daily Official List for the five business days immediately before the day on which shares are purchased or, if greater, the amount stipulated by Article 5(6) of the Market Abuse Regulation (EU) 596/2014. The share repurchase program will expire at the conclusion of the next Annual General Meeting to be held on 2023 or, if earlier, on the date falling 15 months after the passing of this resolution. As of April 28, 2022, the company had 197,096,261 ordinary shares in issue.