TIDMFSF

RNS Number : 4451Q

Foresight Sustain. Forestry Co PLC

28 June 2022

28 June 2022

FORESIGHT SUSTAINABLE FORESTRY COMPANY PLC

PDMR NOTIFICATION

Foresight Sustainable Forestry Company plc, announces that on 28 June 2022, Richard Davidson, a Non-Executive Director of the Company, acquired 25,000 ordinary shares in the Company as part of the Company's placing programme.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
 1    Details of the person discharging managerial responsibilities 
       ("PDMR") / person closely associated ("PCA") 
 a)   Name                        Richard Davidson 
     --------------------------  --------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status             PDMR 
                                   Non Executive Director 
     --------------------------  --------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  --------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                        Foresight Sustainable Forestry Company 
                                   PLC 
     --------------------------  --------------------------------------- 
 b)   LEI                         213800W5S9JG5JFGYO91 
     --------------------------  --------------------------------------- 
 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 (iv) each place where transactions 
       have been conducted 
     ------------------------------------------------------------------- 
 a)   Description of the           Ordinary Shares 
       financial instrument, 
       type of instrument 
       Identification code          ISIN: GB00BMDPKM71 
     --------------------------  --------------------------------------- 
 b)   Nature of the transaction   Acquisition of Shares 
     --------------------------  --------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)     Volume(s) 
                                     107 pence    25,000 
                                                 ---------- 
     --------------------------  --------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume          25,000 ordinary shares in aggregate 
 
       - Price                      GBP26,750 
     --------------------------  --------------------------------------- 
 e)   Date of the transaction     28 June 2022 
     --------------------------  --------------------------------------- 
 f)   Place of the transaction    London Stock Exchange 
     --------------------------  --------------------------------------- 
 

Following the above acquisition of shares, Richard Davidson holds 100,000 Ordinary Shares in the Company.

END

For further information, please contact:

 
Foresight Sustainable Forestry Company Plc 
 Robert Guest 
 Richard Kelly 
 fsfc@foresightgroup.eu                      +44 20 3667 8100 
 

This announcement does not constitute, and may not be construed as, an offer to sell or an invitation to purchase investments of any description, or the provision of investment advice by any party. No information set out in this announcement is intended to form the basis of any contract of sale, investment decision or any decision to purchase securities in the Company.

This announcement may include statements that are, or may be deemed to be, "forward-looking statements". These forward-looking statements can be identified by the use of forward-looking terminology, including the terms "believes", "estimates", "anticipates", "expects", "intends", "may", "will", "targeting" or "should" or, in each case, their negative or other variations or comparable terminology. All statements other than statements of historical facts included in this announcement, including, without limitation, those regarding the Company's financial position, strategy, plans, proposed acquisitions and objectives, are forward-looking statements.

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END

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(END) Dow Jones Newswires

June 28, 2022 04:58 ET (08:58 GMT)

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