Foresight Solar Fund Limited Results of General Meeting - 24.09.18

 

Foresight Solar Fund Limited Results of General Meeting

 

Foresight Solar Fund Limited (the "Company") is pleased to announce that at a general meeting of the Company held earlier today the resolution to grant the directors of the Company authority to allot ordinary shares in the Company on a non pre-emptive basis, as set out in the circular to shareholders dated 7 September 2018 (the "Circular"), was duly approved by shareholders.

Shareholders also approved the allotment of ordinary shares to BlackRock Inc., as described in the Circular, who is a related party under the Listing Rules.

Details of the proxy votes lodged before the general meeting, which should be read alongside the notice contained in the Circular will be available shortly at fsfl.foresightgroup.eu/news/.

 

 

In favour

(including discretionary)

Against Votes

Withheld

Resolution

Votes

%

Votes

%

Votes

1) Special Resolution

334,195,188

99.99

19,444

0.01

0

2) Ordinary Resolution

227,526,328

96.86

7,385,468

3.14

99,302,835

 

A copy of the resolution passed at the general meeting has been submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM.

As set out in the Circular, timing and other details of the Placing will be announced in due course now that the required shareholder approval has been granted. Terms of the proposed Acquisition of the Target Portfolio are being finalised. All terminology referred to in this announcement is defined as in the Circular posted on 7 September 2018 unless stated otherwise.

For further information, please contact:

Foresight Group

 

Joanna Andrews                                    InstitutionalIR@foresightgroup.eu

 

 

+44 (0)20 3762 6951

Stifel Nicolaus Europe Limited

+44 (0)20 7710 7600

Mark Bloomfield

 

Neil Winward

 

Gaudi Le Roux