FORESIGHT 4 VCT PLC - Foresight Group

Director Shares
%of
issued
share
capital
Philip Stephens 14,893 0.04
Peter Dicks 16,706 0.05
Roger Brooke 202,005 0.55
None of the Directors hold any shares in the share capital of the Target VCTs other than Peter Dicks who
holds 20,600 Foresight Clearwater Shares.
In respect of Foresight 5, Catrina Holme and David Donnelly stated their intention to re-invest their
directors’ fees in relation to Foresight 5 for the quarters ending 30 June 2011 and 30 September 2011
(net of tax and National Insurance) in Foresight 5 Shares. Due to over-subscription of the recent
Foresight 5 offer to its shareholders, neither Catrina Holme or David Donnelly has had the opportunity to
re-invest such fees but have confirmed that they will carry forward this intention to reinvest such fees in
C Shares following the Foresight 5 Scheme becoming effective.
4.3 As at 21 December 2011 (this being the latest practicable date prior to publication of this
document) save as disclosed above, no Director, his family or any person connected to the Director
within the meaning of Section 252 CA 2006 has any interest in the share or loan capital of the
Company.
4.4 Aggregate Directors’ emoluments for the current year are expected to be £65,000 (excluding
applicable employers National Insurance Contributions or VAT). Details of the Directors’
appointments are as follows:
Director
Date of
Appointment*
Annual
Remuneration**
(£)
31 March 2011
Remuneration***
(£)
Philip Stephens 4 February 1998 25,000 22,500
Roger Brooke 4 February 1998 20,000 19,167
Peter Dicks 30 July 2004 20,000 21,250
* None of the Directors have a service contract and their appointment is not subject to a notice period. The appointments do not confer any right to
hold office for any period nor any right for compensation if they cease to be a Director. The office of non-executive director is not pensionable.
** Excluding applicable employers National Insurance Contributions or VAT.
*** This was an extended 13 month period to 31 March 2011 and excludes applicable employers National Insurance Contributions or VAT.
4.5 Save for in respect of Peter Dicks, who is a director of a number of VCTs managed by Foresight,
there are no potential conflicts of interests between the duties of any Director and their private
interests and/or duties
4.6 No loan or guarantee has been granted or provided to or for the benefit of any of the Directors.
4.7 The Company has taken out directors’ and officers’ liability insurance for the benefit of its Directors,
which is renewable on an annual basis.
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