Issue of Equity

RNS Number : 6418S

Renewables Infrastructure Grp (The)

22 December 2016

 

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 Renewables Infrastructure Group Limited (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 2016, elections for the scrip dividend alternative were received in respect of 17.49% of the Ordinary Shares in issue as at the record date of 18 November 2016.  As a consequence, the Company has today issued 2,158,453 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 25 May 2016 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 30 December 2016 ("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 832,998,413, 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 Matt Dimond Phil George	[phone]
Tulchan Communications Doug Campbell Latika Shah	[phone]
Canaccord Genuity Limited Andrew Zychowski Helen Goldsmith Denis Flanagan	[phone]
Liberum Capital Limited Steve Pearce Chris Clarke	[phone]

Ends

 

END

 

 

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