BRIEF-Foresight Solar Fund says intend to raise in excess of 50 mln pounds
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Foresight Solar Fund Limited
* Initial placing and offer price
* Announced its intention to raise in excess of GBP50 million
* Intended raise via initial placing and offer for subscription and secondary listing on JSE and private placement in South Africa
* Announces that initial placing and offer price is being set at 107.75 pence per new share.
* Timetable for initial issues remains unchanged