Understanding Director and PCA Shareholdings at Foresight Group
LEI: 213800NNT42FFIZB1T09
Foresight Group Holdings Limited
(the "Company")
Notification of Transactions by Person Closely Associated
Recently, Foresight Group Holdings Limited was formally informed of important transactions conducted by a Person Closely Associated (PCA) related to one of its managerial figures. According to the notification received, Susan Fraser, a PCA of Gary Fraser, has executed a notable acquisition of ordinary shares in the company.
Details of the Share Acquisition
This transaction is specified in accordance with regulatory guidelines, marking significant moves within the company's shareholder structure. Following this acquisition, Gary Fraser, who serves as Chief Financial Officer, has bolstered his own holdings to account for approximately 3.96% of the company's total issued share capital (excluding treasury shares). Coupled with other PCA holdings, the collective stake now stands at an impressive 34.75% of the issued ordinary share capital, underscoring a robust alignment among management in terms of ownership.
Regulatory Compliance and Transparency
This announcement serves as essential compliance under Article 19 of the UK’s adaptation of the EU Market Abuse Regulation. It emphasizes transparency in corporate governance, a key focus for Foresight Group Holdings Limited, aiming to maintain integrity and diligence in communications with stakeholders.
Transaction Specifics
Below are the details of the recent transactions that took place:
Information on the PCA
Name: Susan Fraser
Position/Status: Person Closely Associated
Initial Notification/Amendment: This transaction marks an Initial Notification.
Issuer Details
Company Name: Foresight Group Holdings Limited
LEI: 213800NNT42FFIZB1T09
Transaction Details
This section outlines specifics regarding the share transactions:
Type of Instrument
Description: Ordinary Shares of nil par value
Identification Code: ISIN: GG00BMD8MJ76
Nature of the Transaction: Acquisition of shares in the Company.
Price and Volume
The acquisition involved a price of 359p per share for a total volume of 13,000 shares, aggregating substantial investments of £46,679.50. These figures illustrate significant confidence in the company's market position and strategic direction.
Date and Place of Transaction
Date: The acquisition occurred on 14 March 2025.
Place: Transactions were carried out on the London Stock Exchange, Main Market (XLON).
Contact Information for Foresight Group Holdings
For any inquiries regarding this announcement, individuals can reach out to:
Foresight Group Holdings Limited
Jo-anna Nicolle
Company Secretary
+44 (0)20 3667 8100
Deutsche Numis: Charles Farquhar / Rajesh Iyer
H-Advisors Maitland: Sam Cartwright / Audrey Da Costa
+44 (0)20 7260 1000
+44 (0)782 725 4561 / +44 (0)781 710 5562
Email: Foresight@h-advisors.global
Frequently Asked Questions
What does PCA stand for in this context?
PCA stands for Person Closely Associated, typically a relative or partner of a director or senior manager.
Who is Gary Fraser?
Gary Fraser is the Chief Financial Officer of Foresight Group Holdings Limited and has significant shareholding in the company.
What are the benefits of share acquisition?
Share acquisition can signify confidence in the company's potential and can align the interests of management with those of the shareholders.
What regulatory body governs these notifications?
These notifications are regulated under UK Market Abuse Regulations to ensure transparency and fairness in the financial markets.
How can I contact Foresight Group Holdings Limited?
You can contact them via the company secretary, Jo-anna Nicolle, at +44 (0)20 3667 8100 or through their email.
