| Wed 29 Mar 2017, 17:38 | | FORESIGHT SOLAR FUND LIMITED - Postponement of proposed secondary listing on the JSE |
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FGS 201703290043A
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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