Director/PDMR Shareholding - Correction

RNS Number : 0252I

Bluefield Solar Income Fund Limited

30 March 2020

 

30 March 2020

This is a corrected version of the announcement released on 26 March 2020 at 14.45. The only amendment is to state that James Armstrong purchased shares rather than transferred them. All other details remain the same.

Bluefield Solar Income Fund Limited

('Bluefield Solar' or the 'Company')

Notification of Transactions of Persons Discharging Managerial Responsibility ("PDMR") and Connected Persons ("PCA")

Bluefield Solar (LON:BSIF), a sterling income fund that invests in UK-based solar assets, received notification that Neil Wood, a PDMR of the Company, transferred 6,734 shares from his share trading account to his individual savings account ("ISA"). The Company also received notification that Giovanni Terranova and James Armstrong, both PDMRs of the Company, purchased the following shares on 25 March 2020:

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Giovanni Terranova
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Bluefield Solar Income Fund Limited
b)	LEI	2138004ATNLYEQKY4B30
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Bluefield Solar Income Fund Limited, Ordinary Shares GG00BB0RDB98
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) £1.12125	Volume(s) 8,917
d)	Aggregated information - Aggregated volume - Price - Principal amount	8,917 £1.12125 £9,998.19
e)	Date of the transaction	25 March 2020
f)	Place of the transaction	London Stock Exchange, Main Market

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	James Armstrong
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Bluefield Solar Income Fund Limited
b)	LEI	2138004ATNLYEQKY4B30
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Bluefield Solar Income Fund Limited, Ordinary Shares GG00BB0RDB98
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) £1.1101	Volume(s) 18,016
d)	Aggregated information - Aggregated volume - Price - Principal amount	18,016 £1.1101 £19,999.56
e)	Date of the transaction	25 March 2020
f)	Place of the transaction	London Stock Exchange, Main Market

For further information:

Bluefield Partners LLP (Company Investment Adviser) James Armstrong / Mike Rand / Giovanni Terranova	Tel: [phone] www.bluefieldllp.com
Numis Securities Limited (Company Broker) Tod Davis / David Benda	Tel: [phone] www.numis.com
Ocorian (Company Secretary & Administrator) Kevin Smith	Tel: [phone] www.ocorian.com
Media enquiries: Buchanan (PR Adviser) Henry Harrison-Topham / Vicky Hayns / Henry Wilson	Tel: [phone] www.buchanan.uk.com [e-mail]

Notes to Editors

About Bluefield Solar

Bluefield Solar is a sterling income fund focused on acquiring and managing UK-based solar projects to generate renewable energy for periods of typically 25 years or longer.  The Company's primary objective is to deliver to its shareholders stable, long term sterling income via quarterly dividends, which are linked to RPI.  The majority of the Group's revenue streams are regulated and non-correlated to traditional markets.  Bluefield Solar owns and operates one of the UK's largest, diversified portfolios of solar assets with a combined installed power capacity in excess of 440MWp.

Further information can be viewed at www.bluefieldsif.com.

About Bluefield Partners LLP ('Bluefield')

Bluefield was established in 2009 and is an investment adviser to companies and funds investing in solar energy infrastructure. It has a proven record in the selection, acquisition and supervision of large scale energy and infrastructure assets in the UK and Europe.  The team has been involved in over £1.25 billion of solar PV funds and/or transactions in both the UK and Europe since 2008, including over £500 million in the UK since December 2011.

Bluefield has led the acquisitions of, and currently advises on, over 70 UK based solar PV assets that are agriculturally, commercially or industrially situated.  Based in its London office, Bluefield's partners are supported by a dedicated and highly experienced team of investment, legal and portfolio executives.  Bluefield was appointed Investment Adviser to the Company in June 2013.

 

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