Transaction in Own Shares

NextEnergy Solar Fund Limited
19 September 2024
 

LEI: 213800ZPHCBDDSQH5447

19 September 2024

NextEnergy Solar Fund Limited

("NESF" or the "Company")

 

 

Transaction in own shares

 

NextEnergy Solar Fund, a leading specialist investor in solar energy and energy storage, announces that it has purchased the following number of Ordinary Shares on the London Stock Exchange through Cavendish Capital Markets Limited.

 

Date of purchase:

18 September 2024

Number of ordinary shares purchased:

85,800

Lowest price per ordinary share (GBp):

79.90

Highest price per ordinary share (GBp):

80.10

Weighted average price per ordinary share (GBp):

80.05

 

The Company intends to hold the purchased shares in Treasury.

 

Following the above transaction, the Company holds 4,859,829 of its Ordinary Shares in treasury and has 585,961,356 Ordinary Shares in issue (excluding treasury shares).

 

The total number of voting rights in the Company is 585,961,356 which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their major interest or a change to their major interest in the Company under the FCA's Disclosure Guidance and Transparency Rules. 

 

For further information:

 

NextEnergy Capital

Michael Bonte-Friedheim

 

 

020 3746 0700

ir@nextenergysolarfund.com

Ross Grier


Stephen Rosser


Peter Hamid (Investor Relations)

 


 

RBC Capital Markets

020 7653 4000

Matthew Coakes


Elizabeth Evans

Kathryn Deegan

 

 


Cavendish

020 7397 1909

James King


William Talkington

 


 

H/Advisors Maitland

020 7379 5151

Neil Bennett


Finlay Donaldson




 

Ocorian Administration (Guernsey) Limited

01481 742642

Kevin Smith


 

 

Notes to Editors1:

About NextEnergy Solar Fund

NextEnergy Solar Fund is a specialist solar energy and energy storage investment company that is listed on the premium segment of the London Stock Exchange and is a FTSE 250 constituent.

 

NextEnergy Solar Fund's investment objective is to provide ordinary shareholders with attractive risk-adjusted returns, principally in the form of regular dividends, by investing in a diversified portfolio of utility-scale solar energy and energy storage infrastructure assets.  The majority of NESF's long-term cash flows are inflation-linked via UK government subsidies.

 

As at 31 March 2024, the Company had an audited gross asset value of £1,155m.  More information is available at www.nextenergysolarfund.com

Article 9 Fund

NextEnergy Solar Fund is classified under Article 9 of the EU Sustainable Finance Disclosure Regulation and EU Taxonomy Regulation.  NextEnergy Solar Fund's sustainability-related disclosures in the financial services sector are in accordance with Regulation (EU) 2019/2088 and can be accessed on the ESG section of both the NextEnergy Solar Fund and NextEnergy Capital websites.

 

About NextEnergy Group

NextEnergy Solar Fund is managed by NextEnergy Capital, part of the NextEnergy Group.  NextEnergy Group was founded in 2007 to become a leading market participant in the international solar sector.  Since its inception, it has been active in the development, construction, and ownership of solar assets across multiple jurisdictions.  NextEnergy Group operates via its three business units: NextEnergy Capital (Investment Management), WiseEnergy (Operating Asset Management), and Starlight (Asset Development).

 

·      NextEnergy Capital: has over 17 years of specialist solar expertise having invested in over 400 individual solar plants across the world.  NextEnergy Capital currently manages four institutional funds with a total capacity in excess of 3GW and has assets under management of $4.3bn.  More information is available at www.nextenergycapital.com   

·      WiseEnergy®:  is a leading specialist operating asset manager in the solar sector.  Since its founding, WiseEnergy has provided solar asset management, monitoring and technical due diligence services to over 1,500 utility-scale solar power plants with an installed capacity in excess of 2.5GW.  More information is available at www.wise-energy.com

·      Starlight: has developed over 100 utility-scale projects internationally and continues to progress a large pipeline of c.10GW of both green and brownfield project developments across global geographies.  More information is available at www.starlight-energy.com

 

Notes:

1: All financial data is audited at 31 March 2024, being the latest date in respect of which NextEnergy Solar Fund has published financial information

 

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), a breakdown of the individual trades made as part of the Programme is detailed below:

Aggregate information: 

 

Platform

Daily total volume (in number of shares)

Daily weighted average price of shares acquired (GBp)

 



XLON

62,332

80.07




BATE

10,817

80.01




CHIX

3,176

80.00




TRQX

6,067

80.04




Aquis

3,408

80.00




Individual Transactions:

Transaction Date

Transaction Time

Volume

Price

Platform

Transaction Ref

18/09/2024

09:38:27

3976

80.10

XLON

00267944625TRLO0

18/09/2024

09:38:30

2659

80.10

TRQX

00267944632TRLO0

18/09/2024

11:49:21

25

80.00

BATE

00267959429TRLO0

18/09/2024

11:49:21

568

80.00

Aquis

00267959430TRLO0

18/09/2024

11:49:21

543

80.00

BATE

00267959431TRLO0

18/09/2024

11:49:21

568

80.00

CHIX

00267959432TRLO0

18/09/2024

11:49:21

568

80.00

TRQX

00267959433TRLO0

18/09/2024

11:49:21

4363

80.00

XLON

00267959434TRLO0

18/09/2024

11:49:21

568

80.00

BATE

00267959435TRLO0

18/09/2024

11:49:21

568

80.00

Aquis

00267959436TRLO0

18/09/2024

11:49:21

568

80.00

CHIX

00267959437TRLO0

18/09/2024

11:49:21

3296

80.00

XLON

00267959438TRLO0

18/09/2024

12:03:54

2659

80.10

BATE

00267960915TRLO0

18/09/2024

12:03:54

3976

80.10

XLON

00267960916TRLO0

18/09/2024

13:01:53

3296

80.10

XLON

00267967612TRLO0

18/09/2024

13:01:54

3976

80.10

XLON

00267967613TRLO0

18/09/2024

13:01:54

568

80.10

BATE

00267967614TRLO0

18/09/2024

13:01:57

2659

80.10

XLON

00267967620TRLO0

18/09/2024

13:01:58

3976

80.10

XLON

00267967623TRLO0

18/09/2024

13:01:59

568

80.10

BATE

00267967624TRLO0

18/09/2024

13:01:59

568

80.10

XLON

00267967625TRLO0

18/09/2024

13:01:59

2840

80.10

XLON

00267967626TRLO0

18/09/2024

13:02:01

2659

80.10

XLON

00267967631TRLO0

18/09/2024

13:02:02

3976

80.10

XLON

00267967637TRLO0

18/09/2024

13:02:02

2160

80.10

XLON

00267967642TRLO0

18/09/2024

13:02:03

2840

80.10

XLON

00267967646TRLO0

18/09/2024

13:02:05

2659

80.10

XLON

00267967660TRLO0

18/09/2024

13:02:06

2160

80.10

XLON

00267967662TRLO0

18/09/2024

13:02:06

2160

80.10

XLON

00267967663TRLO0

18/09/2024

13:02:06

1186

80.10

XLON

00267967664TRLO0

18/09/2024

13:02:06

1654

80.10

XLON

00267967665TRLO0

18/09/2024

14:53:36

1136

80.00

TRQX

00267988262TRLO0

18/09/2024

14:53:36

1523

80.00

BATE

00267988263TRLO0

18/09/2024

14:53:36

3976

80.00

XLON

00267988264TRLO0

18/09/2024

15:38:45

1332

79.90

BATE

00268005644TRLO0

18/09/2024

15:38:45

1327

79.90

BATE

00268005645TRLO0

18/09/2024

15:38:45

3976

79.90

XLON

00268005646TRLO0

18/09/2024

16:27:28

95

80.00

Aquis

00268026006TRLO0

18/09/2024

16:27:28

1597

80.00

TRQX

00268026007TRLO0

18/09/2024

16:27:28

2040

80.00

CHIX

00268026008TRLO0

18/09/2024

16:27:28

1704

80.00

BATE

00268026009TRLO0

18/09/2024

16:27:28

107

80.00

TRQX

00268026010TRLO0

18/09/2024

16:27:28

2177

80.00

Aquis

00268026011TRLO0

 

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