FORESIGHT 4 VCT PLC - Foresight Group

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Andrew Shannon Andrew joined Foresight GP in August 2011 from UBS. At UBS Andrew was part of the utilities advisory team. Prior to UBS, Andrew worked for Societe Generale both in London and New York in the M&A and Leverage finance teams. Andrew holds a MA in Economics from Cambridge University and a BSc in Technology & Business Studies from the Robert Gordon University. Andrew has assumed responsibility of a number of investments in the current portfolio and will be looking for future deals in East Anglia, Edinburgh and Glasgow primarily. 38
PART V FINANCIAL INFORMATION ON THE COMPANY AND THE TARGET VCTS Audited financial information on the Company is published in the annual reports for the years ended 28 February 2009, 28 February 2010 and the 13 month period ended 31 March 2011. Unaudited financial information on the Company is published in the Half-Yearly Report for the six month period ended 30 September 2011. Audited financial information on Foresight 5 is published in the annual report for the year ended 30 September 2010. Unaudited financial information on Foresight 5 is published in the half-yearly report for the six month period ended 31 March 2011. Audited financial information on Acuity 3 is published in the annual report for the year ended 30 September 2010. Unaudited financial information on Acuity 3 is published in the half-yearly report for the six month period ended 31 March 2011. Unaudited financial information on Foresight Clearwater is published in the half-yearly report for the period from incorporation to 30 September 2011. The annual reports for the Company for the years ended 28 February 2009, 28 February 2010 and the 13 month period ended 31 March 2011 was audited by KPMG Audit plc, Saltire Court, 20 Castle Terrace Edinburgh EH1 2EG. The annual reports for Foresight 5 and Acuity 3, in each case for the year ended 30 September 2010 were audited by KPMG Audit plc, Saltire Court, 20 Castle Terrace Edinburgh EH1 2EG. The annual reports referred to above were all prepared in accordance with UK generally accepted accounting practice (GAAP), the fair value rules of the Companies Acts and the Statement of Recommended Practice ‘Financial Statements of Investment Trust Companies and Venture Capital Trusts’. The annual reports and half-yearly reports contain a description of the relevant company’s financial condition, changes in financial condition and results of operation for each relevant financial year. The annual reports and half-yearly reports are incorporated in full by reference (which contain the information as detailed below) and can be accessed at the following website: www.foresightgroup.eu and are also available for inspection through the national storage mechanism, which can be accessed at the following website: www.hemscott/nsm.do The Company Description 2009 Annual Report 2010 Annual Report 2011 Annual Report 2011 Half Yearly Report Balance Sheet page 22 page 24 page 25 page 9 Income Statement (or equivalent) page 21 page 22 page 23 page 8 Statement showing all changes in equity (or equivalent note) page 21 page 23 page 24 page 9 Cash Flow Statement page 23 page 25 page 26 page 10 Accounting Policies and Notes pages 24 to 33 pages 26 to 37 pages 27 to 39 pages 11 & 12 Auditors’ Report page 20 page 21 page 22 n/a This information has been prepared in a form consistent with that which will be adopted in the Company’s next published annual financial statements having regard to accounting standards and policies, and legislation applicable to those financial statements. 39
Page 1 and 2: THIS DOCUMENT IS IMPORTANT AND REQU
Page 3 and 4: SUMMARY This summary should be read
Page 5 and 6: Summary Investment Objective and In
Page 7 and 8: RISK FACTORS Shareholders and prosp
Page 9 and 10: EXPECTED TIMETABLES EXPECTED TIMETA
Page 11 and 12: Directors Philip Henry Stephens (Ch
Page 13 and 14: ‘‘Conversion’’ the conversi
Page 15 and 16: ‘‘London Stock Exchange’’ L
Page 17 and 18: PART I MERGER OF THE COMPANY AND TH
Page 19 and 20: Cost Savings The Board and the boar
Page 21 and 22: However, the purchase of their hold
Page 23 and 24: New C Shares to be issued to Foresi
Page 25 and 26: D = the number of Acuity 3 Shares i
Page 27 and 28: As at 30 September 2011, the unaudi
Page 29 and 30: The Board of Directors The Board of
Page 31 and 32: securities, cash is primarily held
Page 33 and 34: Dividend Policy The dividend policy
Page 35 and 36: Custodian Foresight Fund Managers (
Page 37: Gary Fraser Is a chartered accounta
Page 41 and 42: Description 2010 Annual Report Obje
Page 43 and 44: Opinion In our opinion: . the pro f
Page 45 and 46: PART VII INVESTMENT PORTFOLIOS AND
Page 47 and 48: Acuity 3 Value (£’000s) % Invest
Page 49 and 50: Trilogy Communications Limited Acco
Page 51 and 52: Connect2media Limited Dormant accou
Page 53 and 54: PART IX TAX POSITION OF THE COMPANY
Page 55 and 56: PART X ADDITIONAL INFORMATION 1. TH
Page 57 and 58: (d) the authority conferred by this
Page 59 and 60: days immediately preceding the day
Page 61 and 62: including any corporation present b
Page 63 and 64: 3.7 Directors (i) There shall be no
Page 65 and 66: the Company is to be dealt with as
Page 67 and 68: 4.8 The Directors are currently or
Page 69 and 70: adviser or manager in respect of th
Page 71 and 72: 7. CORPORATE GOVERNANCE 7.1 Board o
Page 73 and 74: Following publication of Internal C
Page 75 and 76: 10.11 There are no known trends, un
Page 78: RF65245 Printed by Royle Financial

FORESIGHT 4 VCT PLC - Foresight Group

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