TIDMFSFL 
 
 
   NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, TO 
U.S. PERSONS, OR IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, SOUTH 
AFRICA OR JAPAN 
 
   This announcement does not constitute an offer to sell, or the 
solicitation of an offer to subscribe for, or to buy shares in any 
jurisdiction. 
 
   This announcement is neither an advertisement, a prospectus nor a 
financial promotion.  Any investment in any shares referred to in this 
announcement may be made only on the basis of information in a 
prospectus (the "Prospectus") to be published by Foresight Solar Fund 
Limited in connection, inter alia, with the proposed admission of its to 
be issued ordinary shares of no par value each to the Premium Listing 
segment of the Official List of the UK Listing Authority and to trading 
on the Main Market for listed securities of the London Stock Exchange. 
 
   Foresight Solar Fund Limited 
 
   Result of Initial Placing and Offer for Subscription 
 
   17 October 2014 
 
   On 25 September 2014 the Board of Foresight Solar Fund Limited (the 
"Company") announced its intention to raise additional capital by way of 
an Initial Placing and Offer for Subscription (the "Initial Placing and 
Offer") of new Ordinary Shares ("New Shares") and to create a Placing 
Programme in relation to its New Shares (the Initial Placing and Offer 
and Placing Programme, together known as the "Issues"). 
 
   The Board is pleased to announce that GBP60.1 million of gross proceeds 
has been raised in the Initial Placing and Offer.  A total of 58,000,000 
New Shares will be issued (subject to Admission), of which 56,073,801 
New Shares will be issued pursuant to the Initial Placing and 1,926,199 
New Shares will be issued pursuant to the Offer for Subscription. 
 
   Application has been made for the New Shares to be admitted to the 
Official List and to trading on the London Stock Exchange's Main Market 
for listed securities ("Admission"). It is expected that Admission will 
become effective and dealings in the New Shares will commence on 22 
October 2014. 
 
   Commenting on the fundraising, Alexander Ohlsson, Chairman, said: 
 
   "We are pleased with the support for the Company demonstrated by the 
results of the Initial Placing and Offer, particularly in the light of 
current volatile equity market conditions.  The proceeds, together with 
existing debt facilities, will be used for the completion of the 
acquisition of the two assets at Bournemouth and Kencot which the Group 
has already contracted to acquire." 
 
   Following Admission, the Company expects to have 208,000,000 Ordinary 
Shares in issue. The total number of voting rights of the Company will 
be 208,000,000 and this figure may be used by shareholders as the 
denominator for the calculations by which they will determine if they 
are required to notify their interest in, or a change to their interest 
in, the Company. 
 
   ENDS 
 
 
 
 
For further information, please contact: 
Foresight Group 
Sarah Cole                                      +44 (0)203 667 8154 
 
 
 
 
  Oriel Securities (Sponsor and Bookrunner)     +44 (0)20 7710 7600 
Mark Bloomfield 
 Neil Winward 
 Tunga Chigovanyika 
 
 
 
 
 
 
   This announcement is not for distribution, directly or indirectly, in or 
into the United States of America (including its territories and 
possessions, any state of the United States of America and the District 
of Columbia) (the "United States"), Australia, Canada, Japan or South 
Africa. This announcement does not constitute, or form part of, an offer 
to sell, or a solicitation of an offer to purchase, any securities in 
the United States, Australia, Canada, Japan or South Africa.  The 
securities of the Company have not been and will not be registered under 
the U.S. Securities Act of 1933, as amended (the "Securities Act") or 
the US Investment Company Act of 1940, as amended and may not be offered 
or sold directly or indirectly in or into the United States or to or for 
the account or benefit of any US Person (within the meaning of 
Regulation S under the Securities Act). The securities referred to 
herein have not been registered under the applicable securities laws of 
Australia, Canada, Japan or South Africa and, subject to certain 
exceptions, may not be offered or sold within Australia, Canada, Japan 
or South Africa or to any national, resident or citizen of Australia, 
Canada, Japan or South Africa. 
 
   This announcement has been issued by and is the sole responsibility of 
the Company. No representation or warranty, express or implied, is or 
will be made as to, or in relation to, and no responsibility or 
liability is or will be accepted by, Oriel Securities Limited, or by any 
of its affiliates or agents as to or in relation to the accuracy or 
completeness of this announcement or any other written or oral 
information made available to or publicly available to any interested 
party or their advisers and any liability therefore is expressly 
disclaimed. 
 
   Oriel Securities Limited, which is authorised and regulated in the 
United Kingdom by the Financial Conduct Authority, is acting as sponsor 
and bookrunner to the Company and is acting for no-one else in 
connection with the Issues and the contents of this announcement and 
will not be responsible to anyone other than the Company for providing 
the protections afforded to clients of Oriel Securities Limited nor for 
providing advice in connection with the Issues and the contents of this 
announcement or any other matter referred to herein. 
 
   This announcement is distributed by NASDAQ OMX Corporate Solutions on 
behalf of NASDAQ OMX Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: Foresight Solar Fund Limited via Globenewswire 
 
   HUG#1863844
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