Foresight Solar Fund Limited Cancellation of Scrip Dividend (6497L)

TIDMFSFL

RNS Number : 6497L

Foresight Solar Fund Limited

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 
  InstitutionalIR@ForesightGroup.eu     +44 (0)20 3911 2318 
 Jefferies International Limited 
  Neil Winward 
  Gaudi Le Roux                        +44 (0)20 7029 8000 
 
 Citigate Dewe Rogerson 
  Toby Moore 
  Elizabeth Kittle 
  Lucy Eyles                           +44 (0)20 7638 9571 
 JTC (Jersey) Limited 
  Christopher Gibbons 
  Foresightsolar@jtcgroup.com          +44 (0)203 846 9774

LEI: 213800VO4O83JVSSOX33

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May 16, 2022 08:43 ET (12:43 GMT)

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