Last checked at 24 Nov 2021 07:00
NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR TO THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, THE REPUBLIC OF SOUTH AFRICA, JAPAN OR ANY MEMBER STATE OF THE EEA OR ANY OTHER JURISDICTION IN WHICH THE PUBLICATION, DISTRIBUTION OR RELEASE OF THIS ANNOUNCEMENT WOULD BE 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 Robert Guest Richard Kelly fsfc@foresightgroup.eu
| +44 20 3667 8100 |
Jefferies International Limited Neil Winward Will Soutar
| +44 20 7029 8000
|
Citigate Dewe Rogerson Toby Moore (toby.moore@citigatedewerogerson.com) Nick Reading (nick.reading@citigatedewerogerson.com) |
+44 7768 981763 +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/