FORESIGHT GROUP HOLDINGS LIMITED
(the "Company")
Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs")
The Company was notified on 5 February 2025 that the transactions set out in this announcement have been undertaken by PDMRs and persons closely associated with them ("PCAs"),
Bernard Fairman (via his PCA, Beau Port Investments Limited) and Susan Fraser (a PCA of Gary Fraser) have bought ordinary shares in the Company, as detailed below, in accordance with Note 11 to the Rule 9.1 of the Takeover Code.
Following these purchases of, in aggregate, 486,936 ordinary shares of Nil Par Value (at an acquisition price of £4 per share; totalling, in aggregate, £1,947,744) in the Company, Bernard Fairman, Executive Chairman and Co-Founder of Foresight Group, and Gary Fraser, Chief Financial Officer of Foresight Group (in each case, together with their PCAs) have increased their collective holding of ordinary shares to 33.01% of the Company's issued share capital (excluding treasury shares), reflecting their confidence in the Company successfully achieving its growth ambitions. The concert party (which also includes David Hughes, Chief Investment Officer) now holds 35.1% of the Company's issued ordinary share capital (excluding treasury shares).
This announcement is made in accordance with Article 19 of the UK version of the EU Market Abuse Regulation 596/2014 which has effect in English law by virtue of the European Union (Withdrawal) Act 2018
| Enquiries
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| Foresight Group Holdings Limited |
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| Jo-anna Nicolle | Company Secretary | | | | |
| +44 (0)20 3667 8100 | | | | | |
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| Deutsche Numis |
| | H-Advisors Maitland |
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| Charles Farquhar / Rajesh Iyer | | Sam Cartwright | |||
| +44 (0)20 7260 1000 | | +44 (0) 782 725 4561 | | ||
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| 1 | Details of the person discharging managerial responsibilities / persons closely associated | |||||
| a | Name | Susan Fraser | ||||
| 2 | Reason for the notification | |||||
| a | Position/Status | Person Closely Associated | ||||
| b | Initial Notification/Amendment | Initial Notification | ||||
| 3 | Details of the issuer, emission allowance participant, auction platform, auctioneer or auction monitor | |||||
| a | Name | Foresight Group Holdings Limited
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| b | LEI | 213800NNT42FFIZB1T09 | ||||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (v) each place where transactions have been conducted | |||||
| a | Description of the financial instrument, type of instrument
Identification Code | Ordinary Shares of nil par value
ISIN: GG00BMD8MJ76 | ||||
| b | Nature of the transaction | Acquisition of shares in the Company | ||||
| c | Price(s) and volume(s) |
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| d | Aggregated information
Aggregated volume
Price | 86,635
£346,540 | ||||
| e | Date of the Transaction | 05 February 2025 | ||||
| f | Place of the Transaction | London Stock Exchange, Main Market (XLON) | ||||
| g | Additional Information | | ||||
| 1 | Details of the person discharging managerial responsibilities / persons closely associated | |||||
| a | Name | Bernard Fairman (through Beau Port Investments Limited) | ||||
| 2 | Reason for the notification | |||||
| a | Position/Status | Executive Chairman and Co-Founder | ||||
| b | Initial Notification/Amendment | Initial Notification | ||||
| 3 | Details of the issuer, emission allowance participant, auction platform, auctioneer or auction monitor | |||||
| a | Name | Foresight Group Holdings Limited
| ||||
| b | LEI | 213800NNT42FFIZB1T09 | ||||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (v) each place where transactions have been conducted | |||||
| a | Description of the financial instrument, type of instrument
Identification Code | Ordinary Shares of nil par value
ISIN: GG00BMD8MJ76 | ||||
| b | Nature of the transaction | Acquisition of shares in the Company | ||||
| c | Price(s) and volume(s) |
| ||||
| d | Aggregated information
Aggregated volume
Price | 400,301
£1,601,204 | ||||
| e | Date of the Transaction | 05 February 2025 | ||||
| f | Place of the Transaction | London Stock Exchange, Main Market (XLON) | ||||
| g | Additional Information | | ||||
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