Declaration of Dividend (27.01.2021)

Share on

27 January 2021

Foresight Solar Fund Limited

("Foresight Solar" or "the Company")

Declaration of Dividend

Click here to view the announcement.

Foresight Solar is pleased to announce a third interim dividend, in respect of the period 1 July 2020 to 30 September 2020, of 1.73 pence per ordinary share (the "Dividend"). The shares will go ex-dividend on 4 February 2021 and the Dividend will be paid on 5 March 2021 to shareholders on the register as at the close of business on 5 February 2021.

Foresight Solar confirms its dividend target of 6.91 pence per ordinary share for 2020.

Full details of the scrip dividend alternative that is being offered in respect of the Dividend (the "Scrip Offer") and the Scrip Dividend Scheme can be found in the Scrip Dividend Alternative Offer Document (the "Scrip Document") available on the Company's website at The Scrip Document is also available on the National Storage Mechanism website at and copies are also available for inspection at JTC House, 28 Esplanade, St. Helier, Jersey JE2 3QA.

The reference price of the new shares issued under the Scrip Offer will be calculated and published on or around 4 February 2021.

Shareholders will receive the Dividend in cash, unless they have previously completed a standing election (a "Form of Election") to receive new shares pursuant to the Scrip Offer. Shareholders who would like to receive such new shares rather than cash, and who have not previously submitted a Form of Election, should complete the Form of Election at the back of the Scrip Document and return it to the Company's Receiving Agent, Computershare Investors Service (Jersey) Limited by no later than 5.00pm on 19 February 2021.

The expected timetable in relation to the Dividend will be as follows:

Ex-Dividend Date

4 February 2021

Record Date

5 February 2021

Scrip Price Announcement

11 February 2021

Last Date for Submission of Forms of Election

19 February 2021 at 17h00

Last Date Crest Elections

19 February 2021 at 17h00

Anticipated Listing of New Shares

5 March 2021

Dividend Payment Date

5 March 2021

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For further information, please contact:

Foresight Group

Jonathon McManus

+44 (0)20 3667 8147

Jefferies International Limited

Neil Winward

Gaudi Le Roux

+44 (0)20 7029 8000

Citigate Dewe Rogerson

Nick Hayns

Elizabeth Kittle

Lucy Eyles

+44 (0)20 7638 9571

JTC (Jersey) Limited

Christopher Gibbons

+44 (0)203 846 9774

LEI: 213800VO4O83JVSSOX33