Foresight Solar Fund Limited Declaration of Dividend (9761M)

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RNS Number : 9761M

Foresight Solar Fund Limited

27 January 2021

27 January 2021

Foresight Solar Fund Limited

("Foresight Solar" or "the Company")

Declaration of Dividend

Foresight Solar is pleased to announce a third interim dividend, in respect of the period 1 July 2020 to 30 September 2020, of 1.73 pence per ordinary share (the "Dividend"). The shares will go ex-dividend on 4 February 2021 and the Dividend will be paid on 5 March 2021 to shareholders on the register as at the close of business on 5 February 2021.

Foresight Solar confirms its dividend target of 6.91 pence per ordinary share for 2020.

Full details of the scrip dividend alternative that is being offered in respect of the Dividend (the "Scrip Offer") and the Scrip Dividend Scheme can be found in the Scrip Dividend Alternative Offer Document (the "Scrip Document") available on the Company's website at https://fsfl.foresightgroup.eu/investor-relations/dividend-history/. The Scrip Document is also available on the National Storage Mechanism website at https://data.fca.org.uk/#/nsm/nationalstoragemechanism and copies are also available for inspection at JTC House, 28 Esplanade, St. Helier, Jersey JE2 3QA.

The reference price of the new shares issued under the Scrip Offer will be calculated and published on or around 4 February 2021.

Shareholders will receive the Dividend in cash, unless they have previously completed a standing election (a "Form of Election") to receive new shares pursuant to the Scrip Offer. Shareholders who would like to receive such new shares rather than cash, and who have not previously submitted a Form of Election, should complete the Form of Election at the back of the Scrip Document and return it to the Company's Receiving Agent, Computershare Investors Service (Jersey) Limited by no later than 5.00pm on 19 February 2021.

The expected timetable in relation to the Dividend will be as follows:

 
Ex-Dividend Date                               4 February 2021 
Record Date                                    5 February 2021 
Scrip Price Announcement                       11 February 2021 
Last Date for Submission of Forms of Election  19 February 2021 at 
                                                17h00 
Last Date Crest Elections                      19 February 2021 at 
                                                17h00 
Anticipated Listing of New Shares              5 March 2021 
Dividend Payment Date                          5 March 2021 
 

- END -

For further information, please contact:

 
 Foresight Group 
  Jonathon McManus 
  [e-mail]    [phone] 
 Jefferies International Limited 
  Neil Winward 
  Gaudi Le Roux                        [phone] 
 
 Citigate Dewe Rogerson 
  Nick Hayns 
  Elizabeth Kittle 
  Lucy Eyles                           [phone] 
 JTC (Jersey) Limited 
  Christopher Gibbons 
  [e-mail]          [phone] 
 

LEI: 213800VO4O83JVSSOX33

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January 27, 2021 02:00 ET (07:00 GMT)