REG - Renew Infra Grp Ld - Issue of Equity

Renewables InfrastructureAnnouncement

14/06/2019 11:15

RNS Number : 3367C
Renewables Infrastructure Grp (The)
14 June 2019
 


THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO, THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA.
 
 
 
The Renewables Infrastructure Group Limited
 
Issue of Ordinary Shares pursuant to the Scrip Alternative and Total Voting Rights
 
 
Issue of Ordinary Shares pursuant to the Company's Scrip Dividend Alternative
 
The Board of the Company announces that, pursuant to the Company's scrip dividend alternative in lieu of cash for the interim dividend for the three months ended 31 March 2019, elections for the scrip dividend alternative were received in respect of 6.87% of the Ordinary Shares in issue as at the record date of 17 May 2019.  As a consequence, the Company has today issued 1,334,682 Ordinary Shares (the "Scrip Shares"), subject only to Admission (defined below).
 
When issued, the Scrip Shares will rank pari passu with the existing Ordinary Shares.  
 
A copy of the document relating to the Scrip Dividend Alternative dated 03 April 2019 is available for inspection at the National Storage Mechanism  www.morningstar.co.uk/uk/NSM and can also be obtained from the Company Secretary or from the Investor Relations section of the Company's website at www.trig-ltd.com.
 
Admission
 
Application has been made for the Scrip Shares to be admitted to the premium segment of the Official List and to trading on the London Stock Exchange's main market for listed securities.  It is expected that dealings in the Management Ordinary Shares and Scrip Shares will commence at 8.00 a.m. on 28 June 2019 ("Admission").
 
Total Voting Rights
 
In accordance with the Financial Conduct Authority's Disclosure and Transparency Rules, the total number of Ordinary Shares in issue on Admission will be 1,446,296,028 each with one voting right.   No Ordinary Shares are held in treasury.
 
The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company, under the Disclosure and Transparency Rules.
 
Enquiries
 



InfraRed Capital Partners Limited
Richard Crawford
Phil George
 


+44 (0) 20 7484 1800




Tulchan Communications
Martin Pengelley
Sheebani Chothani
 


+44 (0) 20 7353 4200




Canaccord Genuity Limited
Andrew Zychowski
Lucy Lewis
 
 


+44 (0) 20 7523 8000




Liberum Capital Limited
Chris Clarke
Gillian Martin
 


+44 (0) 20 3100 2000




Aztec Financial Services (Guernsey) Limited
Chris Copperwaite
Laura Dunning


+44 (0) 1481 748831
 



 
 
Ends
 




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