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

Gresham House Renewable Energy VCT 2Announcement

Mon 07:00

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RNS Number : 5767J  Gresham House Renewable EnergyVCT2  01 December 2025

1 December 2025

 

GRESHAM HOUSE RENEWABLE ENERGY VCT 2 PLC

(the "Company", the "VCT")

Update on Sale of Remaining Assets

Background

The Company notes the consultation issued on 31 October 2025 by the Department
for Energy Security & Net Zero on changes to inflation indexation in the
Renewables Obligation scheme 1 .

The Company is discussing any potential implications of this consultation with
the prospective buyer of its remaining solar assets.  This is likely to
require alteration to the structure of the transaction and a reduction in the
net sale proceeds for the assets depending on the outcome of the consultation.
 

On 17 September 2025, the Company announced that completion of the sale of the
VCT's remaining solar assets was expected during Q4 2025.  The Company
continues to work hard to achieve that timeline, but it may be delayed to Q1
2026 as a result of the consultation.

Change of Accounting Reference Date

In light of the timeline for asset sales and the need for the Company to
subsequently enter into voluntary liquidation, the Board has resolved to
change the Company's accounting reference date from 30 September 2025 to 31
March 2026 with immediate effect.

Further details on the Company's expected reporting timetable as a result of
the change to its accounting reference date will be announced in due course.

END

For further information, please contact:

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

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

 

LEI: 213800GQ3JQE2M214C75

 1 
https://www.gov.uk/government/consultations/renewables-obligation-ro-scheme-indexation-changes
(https://www.gov.uk/government/consultations/renewables-obligation-ro-scheme-indexation-changes)

 

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