REG - Greencoat Renewables - Net Asset Value and Dividend Declaration

Greencoat RenewablesAnnouncement

30/01/2020 15:20

RNS Number : 4805B
Greencoat Renewables PLC
30 January 2020
 


 
 
THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, BY ANY MEANS OR MEDIA, IN OR INTO OR FROM THE UNITED STATES, CANADA, AUSTRALIA, NEW ZEALAND, JAPAN, OR THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.
 
Net Asset Value and Dividend Announcement
 
 
Dublin, London, 30 January 2020: Greencoat Renewables PLC ("Greencoat Renewables") the renewable infrastructure company invested in euro-dominated assets, today announces that its unaudited Net Asset Value as of 31 December 2019 is €650.0 million (103.1c per share).
 
Net Asset Value
 



Net Asset Value / Net Asset Value per share


€650.0 million / 103.1c per share




Q4 Dividend/Dividend per share    


€9.5 million / 1.5075c per share



 
 
The Company's December 2019 Factsheet is available on the Company's website, www.greencoat-renewables.com
 
The Company also announces a quarterly interim dividend of 1.5075c per share with respect to the quarter ended 31 December 2019.
 
Dividend Timetable
Ex-Dividend Date                   6 February 2020
Record Date                            7 February 2020
Payment Date                        28 February 2020                    
 
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For further details contact:



Greencoat Capital LLP (Investment Manager)


 


 


 


 


 




Bertrand Gautier
Paul O' Donnell
Tom Rayner


















+44 20 7832 9400




 


 


 


 


 


 




 


 


 


 


 


 




 
FTI Consulting (Investor Relations & Media)


 


 


 


 


 
 
 




Jonathan Neilan


 


 


 


 


+353 1 765 0886




Melanie Farrell


 


 


 


 


greencoat@fticonsulting.com




 
Davy (Broker, NOMAD and Euronext Growth Adviser)
Fergal Meegan
Barry Murphy
Ronan Veale


 


 


 


 


 
 
+353 1 679 6363
 
 
 
 




 
RBC Capital Markets (Joint Broker)
Matthew Coakes
Jonathan Hardy
Elizabeth Evans


 


 


 


 


+44 20 7653 4000



 
 
About Greencoat Renewables PLC
Greencoat Renewables PLC is an investor in euro-denominated renewable energy infrastructure assets. Governed by a strong and experienced independent board, it is focused on the acquisition and management of operating wind farms in Ireland. It is managed by an experienced team at Greencoat Capital LLP, a leading European renewable investment manager with over €5 billion of assets under management across a number of funds in wind, solar and bioenergy infrastructure.
 
Forward Looking Statements and Important Information
 
This announcement may include statements that are, or may be deemed to be, "forward-looking statements", including terms such as "believes", "estimates", "anticipates", "expects", "intends", "may", "plans", "projects", "will", "explore" or "should" or, in each case, their negative or other variations or comparable terminology or by discussions of strategy, plans, objectives, goals, future events or intentions. Forward-looking statements include all matters that are not historical facts. By their nature, forward-looking statements involve risks and uncertainties because they relate to future events and depend on circumstances that may or may not occur in the future. Forward-looking statements are not guarantees of future performance. The Company's actual investment performance, results of operations, financial condition, liquidity, distribution policy and the development of its financing strategies may differ materially from the impression created by, or described in or suggested by, the forward-looking statements contained in this announcement. In addition, this announcement may include target figures for future financial periods. Any such figures are targets only and are not forecasts. Subject to their legal and regulatory obligations, Greencoat Renewables, the Directors and Greencoat Capital LLP expressly disclaim any obligations to update or revise any forward-looking statement contained herein to reflect any change in expectations with regard thereto or any change in events, conditions or circumstances on which any statement is based.
The financial information contained in this announcement has not been audited or reviewed by Greencoat Renewables' auditors in accordance with the International Standards on Auditing (Ireland) or International Standard on Review Engagements.




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