St Peter Port, Guernsey, 31 October 2014
Changes in Directors' Interests
St Peter Port, Guernsey, 31 October 2014 - The Forest Company Limited, a closed-ended investment company, incorporated and registered in Guernsey, notifies the following change in Directors' interests in the Ordinary Shares of the Company as a result of Directors electing to take their dividend through the Scrip Dividend alternative:
| At 31 October 2014 | 31 October 2014 | Holdings prior to 31 October 2014 | |||
| Number of Ordinary Shares held | %* | Scrip Dividend Alternative (at the reference price of US$9.04 per share) | Number of Ordinary Shares held | %* | |
| Susan Lloyd | 22,138 | 0.05 | 595 | 21,543 | 0.05 |
| Panu Kallio | 2,746 | 0.01 | 73 | 2,673 | 0.01 |
| Joseph Ryan | 3,185 | 0.01 | 85 | 3,100 | 0.01 |
*Percentage of total voting rights.
About The Forest Company:
The Forest Company combines socially and environmentally responsible forestry investments with unique potential for stable and attractive returns through participation in the value chain of competitive and sustainable industries.
The Forest Company Limited is a closed-ended investment company, incorporated and registered in Guernsey in 2007, to take advantage of investment opportunities in trees, timberland and timber related assets. The Company focuses on forest plantations in areas with high biological growth rates, such as Brazil and Colombia. To date The Forest Company has raised USD 355 million in equity capital through private placements to institutional investors and family offices. Thus far, the Company has committed capital to five projects, which include both greenfield and standing plantations located in Brazil and Colombia.
The Company aims to build a diversified timberland portfolio in terms of age, class and species that is intended to maximise the risk/return profile. The Company believes that this approach will generate both long-term capital appreciation for shareholders and an attractive and sustainable income yield. For more information, visit www.theforestcompany.se.
Timber Capital Limited is the investment manager to The Forest Company.
For additional information, please contact:
ir@theforestcompany.se, The Forest Company, +1 55 11 3087 1015
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This announcement is not for distribution, directly or indirectly, in or into the United States (including its territories and dependencies, any State of the United States and the District of Columbia), Canada, Australia or Japan. This announcement does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States. The securities mentioned herein have not been, and will not be, registered under the United States Securities Act of 1933 (the "Securities Act").
Securities may not be offered or sold in the United States except pursuant to an exemption from the registration requirements of the Securities Act.
This document is an advertisement and does not constitute a prospectus or offering memorandum or an offer in respect of any securities and is not intended to provide the basis for any decision in respect of The Forest Company Limited or other evaluation of any securities of The Forest Company Limited or any other entity and should not be considered as a recommendation that any investor should subscribe for or purchase any such securities. Neither the issue of this document nor any part of its contents constitutes an offer to sell or invitation to purchase any securities of The Forest Company Limited or any other entity or any persons holding securities of The Forest Company Limited.
