Foresight Sustain. Foresight Group Hldg - First Day of Dealings and Total Voting Rights

Foresight Sustainable Forestry

24/11/2021 06:59

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RNS Number : 3314T  Foresight Sustain. Forestry Co PLC  24 November 2021

 

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UNLAWFUL

 

24 November 2021

 

Foresight Sustainable Forestry Company Plc (the "Company")

First Day of Dealings and Total Voting Rights

 

Further to the announcement on 19 November 2021, the Company is pleased to
announce that 130,000,001 Ordinary Shares will be admitted to the premium
listing segment of the Official List of the UK Listing Authority and to
trading on the Main Market of the London Stock Exchange at 8.00 a.m. today
("Initial Admission"). The Ordinary Shares will trade under the ticker FSF
(ISIN: GB00BMDPKM71).

 

Total Voting Rights

Following Initial Admission, the total number of Ordinary Shares in issue will
be 130,000,001 each with equal voting rights. This total voting rights figure
can be used by shareholders as the denominator for the calculations by which
they will determine whether they are required to notify their interest in the
Company under the Disclosure Guidance and Transparency Rules of the Financial
Conduct Authority.

 

Capitalised terms shall have the same meaning attributed to them in the
Company's prospectus dated 28 October 2021 unless otherwise defined in this
announcement.

 

For further information, please contact:

 Foresight Sustainable Forestry Company plc               +44 20 3667 8100

 Robert Guest

 Richard Kelly

 fsfc@foresightgroup.eu (mailto:fsfc@foresightgroup.eu)

 Jefferies International Limited                          +44 20 7029 8000

 Neil Winward

 Will Soutar

 Citigate Dewe Rogerson

 Toby Moore (toby.moore@citigatedewerogerson.com)         +44 7768 981763

 Nick Reading (nick.reading@citigatedewerogerson.com)     +44 7702 718740

 

NOTES:

 

About the Company

 

Foresight Sustainable Forestry Company Plc ("the Company") is an externally
managed investment company investing in a diversified portfolio of UK forestry
and afforestation assets. Targeting a net total return of more than CPI +5%,
the Company provides investors with the opportunity for real returns and
capital appreciation driven by the prevailing global imbalance between supply
and demand for timber; the inflation-protection qualities of UK land
freeholds; and biological tree growth of 3% to 4% not correlated to financial
markets. It also offers outstanding sustainability and ESG attributes and
access to carbon units related to carbon sequestration from new afforestation
planting. The Company targets value creation as the afforestation projects
successfully achieve development milestones in the process of converting open
ground into established commercial forest and woodland areas.  The Company is
seeking to make a direct contribution in the fight against climate change
through forestry and afforestation carbon sequestration initiatives and to
preserve and proactively enhance natural capital and biodiversity across its
portfolio.  It is managed by Foresight Group LLP.
https://fsfc.foresightgroup.eu/ (https://fsfc.foresightgroup.eu/)

 

 

 

 

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