Cancellation of Scrip Dividend

RNS Number : 6497L

Foresight Solar Fund Limited

16 May 2022

 

16 May 2022

Foresight Solar Fund Limited

(the "Company")

Cancellation of Scrip Dividend

On 29 April 2022, the Company announced a scrip reference price of 113.72 pence per new Ordinary Share under the Company's scrip dividend alternative for the third interim dividend for the financial period ending 31 December 2021 (the "Q4 Dividend").

In light of the Company's Net Asset Value ("NAV") per ordinary share being greater than the scrip reference price, the Board has exercised its discretion to cancel the scrip dividend alternative in respect of the Q4 Dividend. Those shareholders who elected to receive the Q4 Dividend as scrip alternative will instead be paid in cash on 27 May 2022 and, should they so wish, can choose to apply the cash dividend in acquiring additional Ordinary Shares in the secondary market. The Board will continue to assess the possibility of offering scrip dividends with respect to future quarterly dividends where the scrip reference price is above NAV per ordinary share.

END

For further information, please contact:

Foresight Group Nish Sivarajan [e-mail]	[phone]
Jefferies International Limited Neil Winward Gaudi Le Roux	[phone]
Citigate Dewe Rogerson Toby Moore Elizabeth Kittle Lucy Eyles	[phone]
JTC (Jersey) Limited Christopher Gibbons [e-mail]	[phone]

LEI: 213800VO4O83JVSSOX33

 

END

 

 

DIVAFMTTMTJBBLT