Dividend Declaration

RNS Number : 8214I

Atrato Onsite Energy PLC

21 April 2022

 

21 April 2022

LEI: 213800IE1PPREDIIZB62

Atrato Onsite Energy plc

(the "Company")

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, today declares a maiden interim dividend of 1.76 pence per Ordinary Share in respect of the period from admission of the Company's share capital to trading on the premium segment of the London Stock Exchange's main market on 23 November 2021 to 31 March 2022 as scheduled below:

Ex-dividend date	28 April 2022
Record date	29 April 2022
Payment date	27 May 2022

This dividend represents the first payment under the Company's annualised dividend target as set out at IPO of 5 pence per Ordinary Share for the financial year ended 30 September 2022.⁽¹⁾

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]

Will Sanderson  [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 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 and target NAV Total Return set out above are targets only and are not profit forecasts. There can be no assurance that these targets can or will be met. These targets have 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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