Foresight Sustain. Forestry Co PLC Appointment of Corporate Broker (8839T)

TIDMFSF

RNS Number : 8839T

Foresight Sustain. Forestry Co PLC

20 November 2023

20 November 2023

Foresight Sustainable Forestry Company Plc

("FSF" or the "Company")

Appointment of Sole Financial Adviser and Corporate Broker

Foresight Sustainable Forestry Company Plc, an investment company that invests in UK forestry and afforestation assets, is pleased to announce the appointment of Stifel Nicolaus Europe Limited as Sole Financial Adviser and Corporate Broker, with immediate effect.

For further information, please contact:

 
 Foresight Sustainable Forestry Company    [e-mail] 
  Plc                                       [phone] 
  Robert Guest 
  Richard Kelly 
 Stifel Nicolaus Europe Limited 
  Edward Gibson-Watt 
  Bruno Benega 
  Rajpal Padam 
  Catriona Neville                         [phone] 
 SEC Newgate                               [e-mail] 
  Elisabeth Cowell                          [phone] 
 
 
 
 

Notes to Editors

Foresight Sustainable Forestry Company Plc 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% per annum on a rolling five-year basis, 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.

The Company's LEI is 213800W5S9JG5JFGYO91.

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November 20, 2023 02:00 ET (07:00 GMT)