REG - Greencoat Renewables - Step-up to the Main Board of the JSE Limited

Greencoat RenewablesAnnouncement

Tue 07:02

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260519:nRSS7986Ea&default-theme=true

RNS Number : 7986E  Greencoat Renewables PLC  19 May 2026

 

 

Greencoat Renewables to step-up to the Main Board of the JSE Limited ("JSE")

 

Dublin, London, Johannesburg | 19 May 2026: Greencoat Renewables PLC
("Greencoat", "the Company" or "GRP"), the renewable energy infrastructure
company investing in European renewable energy generation assets, announces
that, following receipt of all requisite approvals (including JSE approval and
shareholder approval of the amended Articles), it will reclassify and transfer
its secondary listing on the AltX to a dual primary listing on the Main Board
of the JSE with effect from 28 May 2026 ("Reclassification and Transfer").

 

The Company continues to see active engagement from South African
institutional investors, reflecting confidence in GRP's established platform
and track record. The Main Board of the JSE provides the appropriate platform
for further market visibility and investor access.

 

No new ordinary shares will be issued in connection with the Reclassification
and Transfer, and the Company will continue to maintain its listings on
Euronext Growth in Dublin and the Alternative Investment Market in London.

 

Valeo Capital Proprietary Limited will continue to act as the Company's sole
JSE Corporate Advisor and Sponsor.

 

Paul O'Donnell, Investment Manager at Schroders Greencoat, said:

 

"The transition to the Main Board of the JSE reflects the continued evolution
of Greencoat Renewables as a leading European renewable infrastructure
business. We have seen growing interest from South African investors, and this
move enhances our ability to access that capital base while increasing the
Company's visibility. We believe the Main Board of the JSE provides an
appropriate setting to support our next phase of growth, underpinned by
disciplined capital allocation and a focus on long-term value creation."

 

Bernard Byrne, Non-Executive Chairman of Greencoat Renewables, said:

 

"We are pleased to proceed with our planned transfer to the Main Board of the
JSE, following strong support from shareholders. This marks an important
milestone in Greencoat's development as a listed company. We see the JSE Main
Board listing as an appropriate exchange for a business of our scale and
maturity, and one that aligns well with our long-term strategy. The Company's
Board remains focused on disciplined capital allocation and maintaining the
resilience of our portfolio, while continuing to deliver attractive dividends
for shareholders."

 

 

For further information:

 

 Schroders Greencoat LLP (Investment Manager)                    +44 20 7832 9400
 Bertrand Gautier

 Paul O' Donnell

 Tom Rayner

 FTI Consulting (Investor Relations & Media)                     +353 86 401 5250
 Melanie Farrell                                                 greencoat@fticonsulting.com (mailto:greencoat@fticonsulting.com)

 Conor Pierce

 Davy (Joint Broker, NOMAD and Euronext Growth Listing Sponsor)  +353 1 679 6363
 Brian Garrahy

 Ronan Veale

 

 

 

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  MSCDVLFFQELBBBE



            Copyright 2019 Regulatory News Service, all rights reserved