Scrip Share Price and Total Voting Rights

RNS Number : 8582R

Foresight Solar Fund Limited

31 October 2019

 

FSFL
31 October 2019

Foresight Solar Fund Limited

("Foresight Solar" or "the Company")

Scrip Share Price and Total Voting Rights

Scrip Share Price

The reference price of a new Ordinary Share under the Company's scrip dividend alternative for the second quarterly interim dividend for the financial year ending 30 June 2019 (the "Q2 Dividend") has been set at 117.60p. This is the average of the middle market prices of the Company's Ordinary Shares derived from the London Stock Exchange Daily Official List for the ex-dividend date and the four subsequent dealing days.

Further information regarding the scrip dividend offered in respect of the Q2 Dividend and the Scrip Dividend Scheme can be found in the Scrip Dividend Alternative Offer (the "Scrip Offer") available on the Company's website to view and/or download at fsfl.foresightgroup.eu/investor-relations/. The Scrip Offer is also available on the National Storage Mechanism website at www.morningstar.co.uk/uk/NSM. Copies of the Scrip Offer will also be available for inspection at 28 Esplanade, St. Helier, Jersey JE2 3QA.

If no elections for the Scrip Dividend Option were received, the total cash dividend payable by the Company would be £10,214,919.19.

If all eligible Shareholders elected, under the Scrip Dividend Option, to receive the Dividend in the form of New Shares rather than in cash in respect of their entire holdings, 8,686,156 New Shares would be issued (ignoring any reduction in respect of fractions), representing approximately 1.44% of the issued Ordinary Share capital of the Company as at today's date.

The Q2 Dividend payment date and the date for admission and dealing of the New Shares to be issued pursuant to the scrip dividend alternative is expected to be 29 November 2019.

Total Voting Rights

In conformity with DTR 5.6.1R, the Company would like to announce that as at 31 October 2019, the Company's issued share capital consisted of 604,433,088 Ordinary Shares.

There are no Ordinary Shares held in Treasury.

The total number of voting rights of the Company is 604,433,088 and this figure may be used by Shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to, their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.

For further information, please contact:

LEI: 213800VO4O83JVSSOX33

For further information, please contact:

Foresight Group
Joanna Andrews	[phone]
[e-mail]
Stifel Nicolaus Europe Limited	[phone]
Mark Bloomfield
Maarten Freeriks
Citigate Dewe Rogerson	[phone]
Nick Hayns
Elizabeth Kittle
Lucy Eyles
JTC (Jersey) Limited Christopher Gibbons [e-mail]	[phone]

 

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