FORESIGHT VCT PLC FORESIGHT 2 VCT PLC ... - Foresight Group

PART V
FORESIGHT 1 ADDITIONAL INFORMATION
1. Share Capital
1.1 As at 5 September 2011 (this being the latest practicable date prior to the publication of this
document), the issued share capital of Foresight 1 was as follows:
Issued and fully paid
Number of shares £
Foresight 1 Ordinary Shares (1p each) 28,694,271 286,942.71
Foresight 1 Planned Exit Shares (1p each) 6,179,833 61,798.33
1.2 Save as set out in paragraph 4, as at 5 September 2011 (this being the latest practicable date prior
to the publication of this document), no share or loan capital of Foresight 1 was under option or had
been agreed, conditionally or unconditionally, to be put under option, nor did Foresight 1 hold any
share capital in treasury.
2. Foresight 1 Directors and their Interests
2.1 The names and business addresses of the Foresight 1 Directors, all of whom are non-executive,
are as follows:
. John Howard Gregory (Chairman)
. Peter Frederick Dicks
. Gordon James Humphries
all of ECA Court, 24-26 South Park, Sevenoaks, Kent TN13 1DU (the registered office of
Foresight 1).
2.2 As at 5 September 2011 (this being the latest practicable date prior to publication of this
document), the interests of the Foresight 1 Directors (and their immediate families) in the issued
share capital of Foresight 1 were as follows:
Director
Ordinary
Shares
Planned Exit
Shares
% of Entire
Issued Share
Capital
John Gregory – – –
Peter Dicks 50,248 – 0.14
Gordon Humphries 3,439 – 0.01
2.3 Peter Dicks was appointed as a Foresight 1 Director on 22 August 1997, with Gordon Humphries
being appointed as a Foresight 1 Director on 9 March 2007 and John Gregory being appointed as a
Foresight 1 Director on 30 July 2010. None of the Foresight 1 Directors has a service contract. The
appointments are subject to 12 months’ notice and all Foresight 1 Directors are subject to
retirement by rotation. Their appointment does not confer any right to hold office for any period or
any right to compensation if they cease to be directors. From 1 January 2011, the total annual
remuneration receivable by John Gregory as Chairman of Foresight 1 is £25,000 (plus, if
applicable, VAT and employers National Insurance Contributions), while the annual remuneration
receivable by Peter Dicks and Gordon Humphries is £18,500 each (plus, if applicable, VAT and
employers National Insurance Contributions). The office of non-executive director is also not
pensionable. Aggregate Foresight 1 Directors’ emoluments for the period ended 31 December
2010 amounted to £70,563 (plus applicable VAT and employers National Insurance Contributions).
Aggregate emoluments for the current year are expected to be £69,863 (including fees paid to
former director Anthony Diment of £7,862.90) (plus applicable VAT and employers National
Insurance Contributions).
2.4 Save for in respect of Peter Dicks, who is a director of a number of VCTs managed by Foresight
Group and Foresight Group CI Limited, there are no potential conflicts of interest between the
duties of any Foresight 1 Director and their private interests and/or duties.
2.5 Other than disclosed in this paragraph 2, no Foresight 1 Director is or has been interested in any
transaction which is or was unusual in its nature or conditions or significant to the business of
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