Overview of Recent Share Transactions
LEI: 213800NNT42FFIZB1T09
Transactions in Own Shares
Foresight Group Holdings Limited (LSE: FSG), a prominent investment manager in real assets, is excited to share details about its share buyback program announced earlier in the year. As part of its ongoing commitment to enhance shareholder value, the Group has executed a series of transactions involving its ordinary shares of £nil par value.
Details of the Share Buyback Program
Through its designated broker, Berenberg, Foresight has successfully purchased its shares as part of the ongoing buyback initiative. The transactions have included a variety of purchases that, once settled, will be held in treasury. This means the shares will not hold voting rights until reissued.
Transaction Summary
The most recent transaction occurred on a specified date, where the Group bought back a total of 1,853 ordinary shares. Here are the key purchases during this period:
- Lowest Price Paid per Share: 470.50 GBp
- Highest Price Paid per Share: 476.00 GBp
- Average Price Paid per Share: 472.91 GBp
To date, under the share buyback program, an impressive total of 2,235,575 ordinary shares have been repurchased, reflecting the Group's strategy to return capital to shareholders.
Impact on Share Structure
As part of these transactions, the Group currently has 116,347,803 ordinary shares in issue. Out of these, 114,694,855 shares carry voting rights, while 1,652,948 are held in treasury and are non-voting. This structure serves as crucial information for shareholders in assessing their stake within Foresight.
Aggregate Information from Share Buybacks
Foresight's commitment to transparency includes providing detailed reports on individual trade activities conducted by Berenberg as part of the purchase initiative. This includes data on venues used, average prices, and aggregated volumes, helping to keep investors fully informed.
Buyback Venue Summary:
- Venue: LSE
- Volume-Weighted Average Price: 472.91 pence
- Total Volume: 1,853 shares
About Foresight Group Holdings Limited
Founded in 1984, Foresight is recognized as a leader in managing investments in real assets that drive growth. With a profound operational footprint across the UK, Europe, and Australia, Foresight connects investors with compelling opportunities fundamental to changing dynamics in market trends.
The firm focuses on harnessing its decades of expertise to provide dynamic investment strategies aimed at supporting the energy transition, promoting sustainability, and fostering economic development. Notably, Foresight is a member of the FTSE 250 index, indicating its stability and performance in the investment community.
Foresight's diverse range of strategies aims to maximize asset value while delivering attractive returns, which is paramount in today’s evolving economic landscape. Investors can explore a broad array of private and public funds, structured to accommodate various market needs.
The organization remains steadfast in its mission to foster a sustainable future, uniquely positioning itself to serve both the community and its investors.
For further details, please contact Foresight Group:
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 Foresight Group Holdings Limited known for?
Foresight is recognized for its investment management in real assets and capital growth, focusing on sustainability.
What does the share buyback program entail?
The program involves purchasing back shares to enhance shareholder value and supports the company’s strategic objectives.
How many ordinary shares has Foresight repurchased?
Foresight has repurchased a total of 2,235,575 ordinary shares as part of its ongoing buyback initiative.
What are the voting rights associated with treasury shares?
Shares held in treasury do not carry voting rights until they are reissued or sold.
Where can I find more information about Foresight Group?
You can visit Foresight's official website at https://foresight.group for more details on their strategies and updates.
