Foresight aims to be listed in London stock market
LONDON (UK) – Infrastructure and private equity fund company Foresight Group has revealed that it is eyeing London stock market listing on Tuesday. It is the latest of a series of firms to take advantage of a rebirth in investor interest in UK equities.
The offer includes a sale of shares by existing shareholders equal to around 80% of the offer with a smaller offering of new shares that are to be issued.
The firm expects around 50% of company’s issued share capital to be in public hands and to be eligible for being added in the FTSE UK index series.
Admission is slated to occur next month, Foresight said.