REG - Atrato Onsite Energy - Dividend Declaration

Atrato Onsite EnergyAnnouncement

26/01/2023 07:00

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RNS Number : 8892N  Atrato Onsite Energy PLC  26 January 2023

26 January 2023

LEI: 213800IE1PPREDIIZB62

Atrato Onsite Energy plc
(the "Company")
Dividend declaration

 

Atrato Onsite Energy plc (LSE: ROOF), the renewables investment trust focusing
on clean energy generation, today declares an interim dividend of 1.26 pence
per Ordinary Share in respect of the period from 1 October 2022 to 31 December
2022 as scheduled below:

 Ex-dividend date  2 February 2023
 Record date       3 February 2023
 Payment date      24 February 2023

 

The Company is targeting an annualised dividend of five pence per Ordinary
Share for its second financial year as set out at IPO.

 

ENQUIRIES

 Atrato Partners                                                                                                    +44 (0)77 959 75560

 Gurpreet Gujral

 Francisca Wiggins

 Christopher Fearon

 Alvarium Securities

 Mark                                                                                                               +44 (0)20 7016 6711
 Thompson

                                                                                                                  +44 (0)20 7016 6713
 Eddie

 Nissen                                                                                                             +44 (0)20 7016 6704

 Oliver Kenyon

 Berenberg                                                                                                          +44 (0)20 3753 4980

 Gillian Martin

 Ben Wright

 Dan Gee-Summons

 Kaso Legg Communications                                                                                           atrato@kl-communications.com

 Charles Gorman                                                                                                     +44 (0)20 3995 6673

 Millie Steyn                                                                                                       +44 (0)20 3995 6671

 

Notes to Editors

Atrato Onsite Energy plc (LSE: ROOF) is an investment company focused on green
energy generation, providing new renewable energy capacity with 100% carbon
traceability to industrial and commercial counterparties. The Company focuses
on UK commercial onsite solar, helping its corporate clients achieve net zero
and reduce their energy bills. It raised £150 million in a significantly
oversubscribed IPO in November 2021. Atrato Onsite Energy plc provides
investors with attractive capital growth and secure, index-linked income,
targeting a 5% dividend yield and a total shareholder return of 8 - 10%((1)).
Its shares were admitted to trading on the premium segment of the Main Market
of the London Stock Exchange on 23 November 2021. Atrato Partners Limited is
the Company's investment adviser.

Further information is available on the Company's website, www.atratoroof.com.

(1) The target dividend set out above is a target and is not a profit
forecast. There can be no assurance that this target can or will be met. This
target has been developed based upon assumptions with respect to future
business decisions and conditions that are subject to change, including the
Company's execution of its investment objective and strategies, as well as
growth in the sector and markets in which the Company operates. As a result,
the Company's actual results may vary from the targets set out above and those
variations may be material. The target dividend yield reflects the IPO price
of 100 pence per Ordinary Share.

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