Foresight Group Holdings Limited Foresight Sustainable Forestry Co. results of IPO (0346T)
20 November 2021 - 4:40AM
UK Regulatory
TIDMFSG TIDMFSF
RNS Number : 0346T
Foresight Group Holdings Limited
19 November 2021
19 November 2021
Foresight Group Holdings Limited
Announcement of Foresight Sustainable Forestry Company Plc's
results of Initial Public Offering
Foresight Group Holdings Limited ("Foresight"), a leading
infrastructure and private equity manager, is pleased to note
today's announcement by Foresight Sustainable Forestry Company Plc
(the "Company"), an externally managed investment company that will
invest in UK forestry and afforestation assets, of the results of
its Initial Public O ering ("IPO").
The Company will issue a total of 130,000,000 Ordinary Shares in
its IPO on the Premium Segment of the Official List and the Main
Market of the London Stock Exchange, raising gross proceeds of
GBP130 million at the Issue Price of 100 pence per Ordinary Share
by way of its Initial Placing, O er for Subscription and
Intermediaries Offer. It is expected that Initial Admission will
become e ective and dealings in the Ordinary Shares will commence
on the London Stock Exchange at 8.00 a.m. on 24 November 2021.
The Company is managed by Foresight Group LLP.
A full copy of this announcement can be found at:
https://fsfc.foresightgroup.eu/
Bernard Fairman, Executive Chairman of Foresight, said:
"Having recognised a few years ago the vital role that forestry
needs to play in the battle against climate change and its unique
attractions as a truly sustainable asset class, the team at
Foresight Group is extremely pleased to see Foresight Sustainable
Forestry Company listing on the London Stock Exchange. COP26
recently underlined the huge importance of forests and
afforestation projects worldwide; the UK is one of the least
forested countries in Europe and with its UK focus, this is an
investment company which will make a real sustainability,
biodiversity and ESG impact in this country."
About Foresight Group Holdings Limited
Foresight Group was founded in 1984 and is a leading
infrastructure and private equity investment manager, operating
from 12 offices across six countries in Europe and Australia with
AUM of c. GBP8.1 billion as at 30 September 2021. With a
long-established focus on ESG and sustainability-led strategies, it
aims to provide attractive returns to its institutional and private
investors from hard-to-access private markets. Foresight Group
manages over 300 infrastructure assets with a focus on solar and
onshore wind assets, bioenergy and waste, as well as renewable
energy enabling projects, energy efficiency management solutions,
social and core infrastructure projects and sustainable forestry
assets. Its private equity team manages eight regionally focused
investment funds across the UK, supporting over 120 SMEs. Foresight
Group listed on the Main Market of the London Stock Exchange in
February 2021. https://www.fsg-investors.com/
Enquiries:
Foresight Group
Jo-anna Nicolle jnicolle@foresightgroup.gg / +44 (0) 7790
804263
Citigate Dewe Rogerson (Public relations adviser to Foresight
Group)
Caroline Merrell caroline.merrell@citigatedewerogerson.com / +44
(0) 7852 210329
Toby Moore toby.moore@citigatedewerogerson.com / +44 (0) 7768
981763
Corporate Brokers
Jefferies +44 (0) 20 7029 8000
Paul Nicholls
Graham Davidson
Lee Morton
Max Jones
Numis +44 (0) 20 7260 1000
Stephen Westgate
Charlie Farquhar
Jamie Loughborough
Laura White
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END
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