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.
Foresight Solar Fund Limited: Statement Regarding Potential Sale of Treasury Shares
As highlighted in the Interim Results for the period to 30 June 2016, on 22 September 2015 the Company announced it had purchased 28,152,143 new Ordinary Shares which are held in Treasury.
These Ordinary Shares are available to be sold to meet investor demand and provide the Company with additional capital to take advantage of its attractive pipeline.
Before any such Ordinary Shares are sold, the Company will make an announcement including details of the sale price. Any sale price would be determined at the time and would be at a premium to the relevant Net Asset Value.
|For further information, please contact:|
|Elena Palasmith firstname.lastname@example.org||+44 (0)203 667 8100|
Stifel Nicolaus Europe Limited
+44 (0)20 7710 7600
J.P. Morgan Cazenove
|+44 (0)20 7742 4000|
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, Stifel Nicolaus Europe Limited, or J.P. Morgan Cazenove or by any of their respective 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.
Stifel Nicolaus Europe Limited, which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting as sponsor to the Company and is acting for no-one else in connection with the contents of this announcement and will not be responsible to anyone other than the Company for providing the protections afforded to clients of Stifel Nicolaus Europe Limited nor for providing advice in connection with the contents of this announcement or any other matter referred to herein.
J.P. Morgan Cazenove which is authorised by the Prudential Regulation Authority and regulated by the Prudential Regulation Authority and the Financial Conduct Authority and Stifel Nicolaus Europe Limited (together, the "Joint Bookrunners"), are each acting exclusively for the Company and no-one else in connection with the matters referred to in this announcement, will not regard any other person as their respective client and will not be responsible to anyone other than the Company for providing the protections afforded to their respective clients or for providing advice in relation to any transaction or arrangement referred to in this announcement.