REG - Gore Street Energy - Quarterly NAV and Dividend Declaration

Gore Street Energy Storage FundAnnouncement

09/03/2023 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230309:nRSI3534Sa&default-theme=true

RNS Number : 3534S  Gore Street Energy Storage Fund PLC  09 March 2023

9 March 2023

Gore Street Energy Storage Fund plc

(the "Company" or "GSF")

Quarterly NAV and Dividend Declaration

Gore Street Energy Storage Fund plc, the internationally diversified energy
storage fund, is pleased to announce its unaudited Net Asset Value ("NAV") for
the quarter ended 31 December 2022.

NAV Update

As at 31 December 2022, the estimated unaudited NAV was 113.5 pence per share,
representing an uplift of 2.4 pence per share (2.16%) from the NAV as at 30
September 2022 (111.1 pence per share).

During unaudited quarters, no updates are made to any long-term assumptions in
relation to portfolio companies' valuations.

Dividend Declaration

In addition, the Company's Board of Directors has declared an interim dividend
of 2.0 pence per ordinary share for the period 1 October 2022 to 31 December
2022. The ex-dividend date will be 16 March 2023 and the record date 17 March
2023. The dividend will be paid on or around 11 April 2023.

For further information:

 Gore Street Capital Limited
 Alex O'Cinneide / Paula Travesso                                        Tel: +44 (0) 20 3826 0290
 Shore Capital (Joint Corporate Broker)
 Anita Ghanekar / Rose Ramsden / Iain Sexton (Corporate Advisory)        Tel: +44 (0) 20 7408 4090
 Fiona Conroy (Corporate Broking)
 J.P. Morgan Cazenove (Joint Corporate Broker)
 William Simmonds / Jérémie Birnbaum (Corporate Finance)                 Tel: +44 (0) 20 7742 4000

 Buchanan (Media Enquiries)
 Charles Ryland / Henry Wilson / George Beale                            Tel: +44 (0) 20 7466 5000
                                                                         Email: gorestreet@buchanan.uk.com

Notes to Editors

About Gore Street Energy Storage Fund plc

Gore Street is London's first listed energy storage fund and seeks to provide
Shareholders with an opportunity to invest in a diversified portfolio of
utility-scale energy storage projects. In addition to growth through
exploiting its considerable pipeline, the Company aims to deliver consistent
and robust dividend yield as income distributions to its Shareholders.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NAVBRGDXXDGDGXI