FORESIGHT SOLAR FUND LIMITED - Postponement of proposed secondary listing on the JSE

Release Date: 29/03/2017 17:38
Code(s): FGS
 
Wrap Text
Postponement of proposed secondary listing on the JSE

Foresight Solar Fund Limited

Incorporated in Jersey, Channel Islands under the Companies (Jersey) Law

Registered Number: 113721

LSE ticker code: FSFL

JSE share code: FGS

ISIN: JE00BD3QJR55

(the “Company”)



THIS ANNOUNCEMENT IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION
OR DISTRIBUTION DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, TO U.S.
PERSONS, OR IN OR INTO, THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR
INTO ANY OTHER JURISDICTION WHERE TO DO SO MIGHT CONSTITUTE A
VIOLATION OR BREACH OF ANY APPLICABLE LAW.



POSTPONEMENT OF PROPOSED SECONDARY LISTING ON THE JSE

Further to the pre-listing announcement published by the Company on 3 March 2017 (‘Pre-Listing
Announcement’), interested investors are advised that the Company has decided to postpone its
proposed secondary listing on the JSE. This decision was reached taking into consideration the recent
market volatility that has impacted investor appetite in South Africa and the strong interest received
from investors in the United Kingdom resulting in a successful capital raise of GBP78.5 million. The
Company and the investment manager, Foresight Group, will continue to evaluate the opportunity to
secondary list in South Africa.




ENDS

29 March 2017



JSE sponsor

RAND MERCHANT BANK (A division of FirstRand bank Limited)




 

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