Share Buyback Program Overview
Foresight Group Holdings Limited, recognized as a leading investment manager in tangible assets, recently disclosed key details about its ongoing share buyback initiative. This program, first announced earlier this year, aims to enhance shareholder value and foster sustainable investment practices.
Details of the Recent Share Purchases
The buyback transactions conducted via Berenberg revealed that the Group acquired a total of 15,000 ordinary shares. These purchases reflect a strategic approach to maintaining an optimal capital structure while providing liquidity to the market.
Purchase Information
Here are some specifics about the latest transactions:
- Date of Purchase: The trades were executed on August 15, 2025.
- Lowest Price Paid: 454.50 GBp per share.
- Highest Price Paid: 459.50 GBp per share.
- Average Price: The volume-weighted average price stood at approximately 457.29 GBp.
Impact of Held Shares in Treasury
Following these purchases, the shares will be held in treasury, which means they will not grant voting rights until they are reintroduced to circulation. Presently, of the 116,347,803 ordinary shares in issue, only 113,312,387 carry voting rights. The remainder, 3,035,416 shares, are held in treasury and deemed non-voting during this period. This structure is essential for shareholders, particularly for calculations regarding their obligations under the FCA’s Disclosure Guidance and Transparency Rules.
Investor Transparency
In accordance with regulatory standards, Foresight has ensured that all trades executed as part of this buyback scheme are transparently reported. This aligns with heightening the commitment toward sustainable practices and maintaining investor confidence.
Foresight Group continuously emphasizes the importance of adhering to governance standards, offering detailed insights on individual trades executed through Berenberg as a part of this initiative.
Future Investment Strategies
With its roots tracing back to 1984, the Group highlights its commitment to harnessing emerging opportunities in the investment sphere. Foresight operates primarily in the UK, Europe, and Australia, adeptly navigating market changes and enhancing value for stakeholders.
Objectives of the Buyback
Investors can anticipate that strategic actions like this buyback program are in line with Foresight's broader mission to facilitate economic progress while championing responsible investments. This includes initiatives that support energy transitions and promote industrial decarbonization.
Contact Information
For those eager for additional insights on the share buyback program or general company information, please contact:
Foresight Group Investors
Liz Scorer / Ben McGrory
+44 (0) 7966 966956 / +44 (0) 7443 821577
ir@foresightgroup.eu
Berenberg (Joint Corporate Broker)
James Felix / John Welch / Dan Gee-Summons
+44 (0) 203 753 7800
H-Advisors Maitland
Sam Cartwright / Audrey Da Costa
+44 (0) 782 725 4561 / +44 (0) 781 710 5562
Foresight@h-advisors.global
Frequently Asked Questions
What is the purpose of Foresight's buyback program?
The buyback program aims to enhance shareholder value while reflecting strategic capital management.
How many shares have been purchased in total?
A total of 15,000 ordinary shares were purchased through the recent buyback initiative.
What price range were the shares bought at?
The shares were purchased at prices ranging from 454.50 GBp to 459.50 GBp.
How will the purchased shares affect voting rights?
The shares will remain non-voting while held in treasury, affecting the total voting rights available.
How can investors stay updated with Foresight Group's activities?
Investors can follow Foresight Group on LinkedIn and visit their website for the latest updates and information.
