8 November 2018
Gore Street Energy Storage Fund plc
(the "Company")
Dividend Declaration
The Board of Directors (the "Board") of Gore Street Energy Storage Fund plc (LSE: GSF) has today declared an interim dividend of 2.00 pence per ordinary share for the period 25 May 2018 to 30 September 2018.
The dividend will be paid on or around 30 November 2018 to shareholders on the register on 16 November 2018. The ex-dividend date will be 15 November 2018.
This dividend is fully covered by cash to be distributed from the operating SPVs. The future dividend schedule for the year remains on track to deliver its announced 4.00 pence per share as per the target yield at IPO(1)
The Legal Entity Identifier of the Company is 213800GPUNVGG81G4O21.
(1) The target dividend is a target only and not a profit forecast. There can be no assurance that the target will be achieved and it should not be taken as indication of the Company's expected or actual future results.
-ENDS-
For further information:
Gore Street Capital Limited |
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Alex O'Cinneide |
Tel: +44 (0) 20 3826 0290 |
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Stockdale Securities Limited |
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Daniel Harris / Rose Ramsden (Corporate Finance) Henry Willcocks / Fiona Conroy (Corporate Broking) |
Tel: +44 (0) 20 7601 6000 |
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Media enquiries:
Buchanan |
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Charles Ryland / Steph Watson / Henry Wilson |
Tel: +44 (0) 20 7466 5000 |
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Email: Gorestreet@buchanan.uk.com |
JTC (UK) Limited, Company Secretary Tel: +44 (0) 20 7409 0181
Notes to Editors
About Gore Street Energy Storage Fund plc
Gore Street is London's first listed energy storage fund and seeks to provide shareholders with a significant opportunity to invest in a diversified portfolio of utility scale energy storage projects. In addition to growth through exploiting its considerable pipeline, the Company aims to deliver consistent and robust dividend yield as income distributions to its shareholders.