REG - Renew Infra Grp Ld - Issue of Equity
RNS Number : 8796WRenewables Infrastructure Grp (The)13 December 2019THIS 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 30 September 2019, elections for the scrip dividend alternative were received in respect of 13.36% of the Ordinary Shares in issue as at the record date of 15 November 2019. As a consequence, the Company has today issued 2,870,686 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 31 December 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 1,636,563,717 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
Maitland/AMO
James Isola
Zara de Belder
+44 (0) 20 7379 5151
Investec Bank Plc
Lucy Lewis
Denis Flanagan
+44 (0) 20 7597 5661
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
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.ENDIOEFFMFLDFUSEIE
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