Dividend Declaration

RNS Number : 0600G

Atrato Onsite Energy PLC

11 November 2022

 

11 November 2022

LEI: 213800IE1PPREDIIZB62

Atrato Onsite Energy plc

(the "Company")

Ordinary dividend declaration

Atrato Onsite Energy plc (LSE: ROOF), the renewables investment trust focusing on UK commercial onsite solar and providing investors with capital growth and long-dated, index-linked income, declares an interim ordinary dividend of 1.26 pence per Ordinary Share in respect of the period from 1 July to 30 September 2022 as scheduled below:

Ex-dividend date	24 November 2022
Record date	25 November 2022
Payment date	16 December 2022

The Company is targeting an annualised dividend of five pence per Ordinary Share for its second financial year as set out at IPO.

ENQUIRIES

Atrato Partners Limited                   [phone]

Gurpreet Gujral

Francisca Wiggins

Christopher Fearon

Alvarium Securities Limited

Mark Thompson  [phone]

Eddie Nissen  [phone]

Oliver Kenyon                                   [phone]

Kaso Legg Communications   [e-mail]

Charles Gorman                             [phone]

Millie Steyn                                      [phone]

Notes to Editors

Atrato Onsite Energy plc (LSE: ROOF) is an investment company focused on onsite green energy generation, providing new renewable energy capacity with 100% carbon traceability to industrial and commercial counterparties. The Company focuses on UK commercial rooftop solar, helping its corporate clients achieve net zero and reduce their energy bills. It raised £150 million in a significantly oversubscribed IPO in November 2021. Atrato Onsite Energy plc provides investors with attractive capital growth and secure, index-linked income, targeting a 5% dividend yield and a total shareholder return of 8 - 10%⁽¹⁾. Its shares were admitted to trading on the premium segment of the Main Market of the London Stock Exchange on 23 November 2021. Atrato Partners Limited is the Company's investment adviser.

Further information is available on the Company's website, www.atratoroof.com.

(1) The target dividend set out above is a target and is not a profit forecast. There can be no assurance that this target can or will be met. This target has been developed based upon assumptions with respect to future business decisions and conditions that are subject to change, including the Company's execution of its investment objective and strategies, as well as growth in the sector and markets in which the Company operates. As a result, the Company's actual results may vary from the targets set out above and those variations may be material. The target dividend yield reflects the IPO price of 100 pence per Ordinary Share.

 

END

 

 

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