REG - Gresham HouseRE VCT2 - Update on Sale of Remaining Assets and Dividend

Gresham House Renewable Energy VCT 2Announcement

02/12/2024 07:00

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RNS Number : 3170O  Gresham House Renewable EnergyVCT2  02 December 2024

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER
THE UK'S MARKET ABUSE REGULATION. UPON THE PUBLICATION OF THIS ANNOUNCEMENT,
SUCH INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

 

2 December 2024

 

GRESHAM HOUSE RENEWABLE ENERGY VCT 2 PLC

(the "Company")

Company Update including Sale of Remaining Assets and Dividend

Following the Company's announcement dated 27 September 2024, the Board
continues to progress the sale of the Company's remaining assets.

The net sales proceeds for these assets are expected to be 20% to 25% lower
than the net asset value reported as at 31 March 2024.  A further detailed
announcement will be made at the time of sale or when the Annual Report for
the year ended 30 September 2024 is published at the end of January 2025,
whichever is earlier.

The Company will not pay a dividend in 2024.  The Board intends to declare an
interim dividend as soon as possible following the sale, the timing of which
is uncertain.

END

For further information, please contact:

 Gresham House Asset Management  renewablevcts@greshamhouse.com (mailto:renewablevcts@greshamhouse.com)
 Investor Relations              Tel: 020 3875 9860

 JTC (UK) Limited                GreshamVCTs@jtcgroup.com (mailto:GreshamVCTs@jtcgroup.com)
 Company Secretary
Tel: 020 3846 9774

 

LEI: 213800GQ3JQE2M214C75

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