REG - Gresham House Energy - Capital Reduction

Gresham House Energy Storage FundAnnouncement

01/11/2024 16:15

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RNS Number : 6896K  Gresham House Energy Storage Fund  01 November 2024

 

1 November 2024

 

 

Gresham House Energy Storage Fund PLC

(the "Company" or "GRID")

Capital Reduction

The Company announces that the Order of The High Court of Justice of England
and Wales confirming the cancellation of the Company's share premium reserve
and B ordinary shares arising out of the capitalisation of the Company's
merger relief reserve (the "Capital Reduction") has now been registered with
the Registrar of Companies. As such, the Capital Reduction took effect on 1
November 2024.

 

The purpose of the Capital Reduction is to provide the Company with a
significant pool of reserves which can be used in the future, if required, to
fund dividend distributions, returns of capital or to provide flexibility for
any other general corporate purposes, in accordance with applicable law.
Shareholders do not need to take any further action in relation to the Capital
Reduction.

 

For Further Information

 

 Gresham House New Energy               +44 (0)20 3837 6270

 Ben Guest

 James Bustin

 Jefferies International Limited        +44 (0)20 7029 8000

 Stuart Klein

 Gaudi Le Roux

 Harry Randall

 KL Communications                      gh@kl-communications.com (mailto:gh@kl-communications.com)

 Charles Gorman                         +44 (0)20 3882 6644

 Charlotte Francis

 Effie Aye Maung Hider

 JTC (UK) Limited as Company Secretary  GHEnergyStorageCoSec@jtcgroup.com (mailto:GHEnergyStorageCoSec@jtcgroup.com)

 Christopher Gibbons

                                        +44 (0)20 7409 0181

 

 

 

 

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