REG - Renew Infra Grp Ld - Cancellation of Scrip Dividend Alternative

Renewables InfrastructureAnnouncement

25/11/2022 07:00

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RNS Number : 5600H  Renewables Infrastructure Grp (The)  25 November 2022

25 November 2022

 

The Renewables Infrastructure Group Limited (the "Company")

 

 

Cancellation of Scrip Dividend Alternative

 

The Board has taken the decision to cancel the scrip dividend alternative in
respect of the Q3 Dividend on the basis that the Reference Price would be
below the Net Asset Value of the Company. Shareholders will be paid their
dividend in cash and, should they so wish, can choose to apply the cash
dividend in acquiring Ordinary Shares in the secondary market.

 

Capitalised terms shall have the meanings given to them in the Scrip Dividend
Circular 2022 (the "Scrip Circular") available on the Company's website to
view and/or download at: www.trig-ltd.com (http://www.trig-ltd.com) in the
Investor Relations, 'Reports & Publications', 'Circulars' section.  It is
also available from the National Storage Mechanism website
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) ).

 

The Board expects to re-instate the scrip dividend alternative in respect of
future quarterly dividends, subject to an assessment of the relevant prices
and a determination that a re-instatement of the scrip dividend alternative
would be for the benefit of the Company's shareholders as a whole.

 

 

For further information, please contact:

 

Enquiries

 

 Aztec Financial Services (Guernsey) Limited                                                                                           +44 (0)1481 748831

 Chris Copperwaite

 Laura Dunning

 InfraRed Capital Partners Limited                                                                                                     +44 (0) 20 7484 1800

 Richard Crawford

 Phil George

 Maitland/AMO                                                                                                                          +44 (0) 20 7379 5151

 Rhys Jones

 Charles Withey

 Investec Bank Plc                                                                                                                     +44 (0) 20 7597 5661

 Lucy Lewis

 Denis Flanagan

 BNP                                                                                                                                   +44 (0) 20 7595 9444
 Paribas

 Virginia Khoo

 Carwyn Evans

 

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