Exhibit  4.4




  


	NUMBER
    C-	 	_________
                                         SHARES

        SEE
        REVERSE FOR CERTAIN DEFINITIONS

        CUSIP
        G3194F 109



 


EUROPEAN
SUSTAINABLE GROWTH ACQUISITION CORP.

INCORPORATED UNDER THE LAWS OF THE CAYMAN ISLANDS

CLASS A ORDINARY SHARES


 


This
Certifies that is the owner of


 


FULLY
PAID AND NON-ASSESSABLE CLASS A ORDINARY SHARES OF THE PAR VALUE OF US$0.0001 EACH OF


 


EUROPEAN
SUSTAINABLE GROWTH ACQUISITION CORP.


(THE
“COMPANY”)


 


subject
to the Company’s amended and restated memorandum and articles of association, as the same may be amended from time to time,
and transferable on the books of the Company in person or by duly authorized attorney upon surrender of this certificate properly
endorsed.


 


The
Company will be forced to redeem all of its Class A ordinary shares if it is unable to complete a business combination within
the time period set forth in the Company’s amended and restated memorandum and articles of association all as more fully
described in the Company’s final prospectus dated, 2021.


 


This
certificate is not valid unless countersigned by the Transfer Agent and registered by the Registrar.


 


Witness
the facsimile signatures of its duly authorized officers.


 


	Co-Chief
    Executive Officer	Cayman
    Islands	Secretary
	 	 	 


 


	CONTINENTAL
    STOCK TRANSFER

    & TRUST COMPANY	 	 
	 	 	 
	Name:	 	 
	Title:	 	 


 






     


     


    

 


EUROPEAN
SUSTAINABLE GROWTH ACQUISITION CORP.


 


The
Company will furnish without charge to each shareholder who so requests the powers, designations, preferences and relative, participating,
optional or other special rights of each class of shares or series thereof of the Company and the qualifications, limitations,
or restrictions of such preferences and/or rights. This certificate and the shares represented thereby are issued and shall be
held subject to all the provisions of the amended and restated memorandum and articles of association as the same may be amended
from time to time, and resolutions of the Board of Directors providing for the issue of securities (copies of which may be obtained
from the secretary of the Company), to all of which the holder of this certificate by acceptance hereof assents. The following
abbreviations, when used in the inscription on the face of this certificate, shall be construed as though they were written out
in full according to applicable laws or regulations:


 


	TEN
    COM	 	—	 	as
    tenants in common	 	UNIF
    GIFT MIN ACT	 	—	 	 	 	Custodian	 	 
	 	 	 	 	 	 	 	 	 	 	(Cust)	 	 	 	(Minor)
	TEN
    ENT	 	—	 	as
    tenants by the entireties	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Under
    Uniform Gifts to Minors 
	 	 	 	 	 	 	 	 	 	 	 
	JT
    TEN	 	—	 	as
    joint tenants with right of survivorship and not as tenants in common	 	 	 	 	 	Act

        (State)



 


Additional
abbreviations may also be used though not in the above list.


 


For
value received,_______________ hereby sells, assigns and transfers unto ______________________________





	 
	(PLEASE
    INSERT SOCIAL SECURITY OR OTHER IDENTIFYING NUMBER(S) OF ASSIGNEE(S))
	 
	(PLEASE
    PRINT OR TYPEWRITE NAME(S) AND ADDRESS(ES), INCLUDING ZIP CODE, OF ASSIGNEE(S))
	 
	Shares
    represented by the within Certificate, and hereby irrevocably constitutes and appoints___________________
	 
	Attorney
    to transfer the said shares on the books of the within named Company with full power of substitution in the premises.


 


	Dated:	 	 


 


NOTICE:
THE SIGNATURE(S) TO THIS ASSIGNMENT MUST CORRESPOND WITH THE NAME AS WRITTEN UPON THE FACE OF THE CERTIFICATE IN EVERY PARTICULAR,
WITHOUT ALTERATION OR ENLARGEMENT OR ANY CHANGE WHATEVER


 


Signature(s)
Guaranteed:

By


 


THE
SIGNATURE(S) MUST BE GUARANTEED BY AN ELIGIBLE GUARANTOR INSTITUTION (BANKS, STOCKBROKERS, SAVINGS AND LOAN ASSOCIATIONS AND CREDIT
UNIONS WITH MEMBERSHIP IN AN APPROVED SIGNATURE GUARANTEE MEDALLION PROGRAM, PURSUANT TO S.E.C. RULE 17Ad-15 UNDER THE SECURITIES
ACT OF 1933, AS AMENDED).


 


In
each case, as more fully described in the Company’s final prospectus dated, 2021, the holder(s) of this certificate shall
be entitled to receive a pro-rata portion of certain funds held in the trust account established in connection with its initial
public offering only in the event that (i) the Company redeems the Class A ordinary shares sold in its initial public offering
and liquidates because it does not consummate an initial business combination within the time period set forth in the Company’s
amended and restated memorandum and articles of association all as more fully described in the Company’s final prospectus
dated, 2021, (ii) the Corporation redeems the Class A ordinary shares sold in its initial public offering in connection with
a shareholder vote to amend the Company’s amended and restated memorandum and articles of association (as the same may be
amended from time to time) to modify the substance and timing of the Company’s obligation to redeem 100% of the Class A
ordinary shares if it does not consummate and initial business combination within the time period set forth in the Company’s
amended and restated memorandum and articles of association all as more fully described in the Company’s final prospectus
dated  , 2021, or (iii) if the holder(s) seek(s) to redeem for cash his, her or its respective Class A ordinary shares in connection
with a tender offer (or proxy solicitation, solely in the event the Company seeks shareholder approval of the proposed initial
business combination) setting forth the details of a proposed initial business combination. In no other circumstances shall the
holder(s) have any right or interest of any kind in or to the trust account.