Foresight Sustainable Forestry Co PLC - forestry investment trust, managed by private equity firm Foresight Group LLP - Announces launch of Main Market float. Says initial placing, subscription and intermediaries offer opened on Thursday and will close on November 18. Foresight Sustainable is selling 200 million shares at 100 pence each, raising GBP200 million. Admission to Main Market expected on November 24. London-listed Foresight Group Holdings Ltd noted Thursday announcement.
Foresight Group Holdings current stock price: 449.00 pence
Change since February float: up 6.9%
By Eric Cunha; ericcunha@alliancenews.com
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Foresightgr (FSG)