Director/PDMR Shareholding

RNS Number : 0672O

Bluefield Solar Income Fund Limited

07 June 2022

 

7 June 2022

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), the London listed income fund focused on acquiring and managing renewable energy and storage assets predominantly in the UK , has received notification that the following PDMRs/PCAs have bought ordinary shares in the Company:

· Elizabeth Burne, a Non-Executive Director of the Company, has purchased 15,000 ordinary shares

· Meriel Lenfestey, a Non-Executive Director of the Company, has purchased 7,693 ordinary shares

· John Rennocks, Chairman of the Company, has purchased 9,377 ordinary shares

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Elizabeth Burne
2	Reason for the notification
a)	Position/status	Non-Executive Director of the Company
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) £1.30	Volume(s) 15,000
d)	Aggregated information - Aggregated volume - Price - Principal amount	15,000 £1.30 £19,500.00
e)	Date of the transaction	1 June 2022
f)	Place of the transaction	London Stock Exchange, Main Market

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Meriel Lenfestey
2	Reason for the notification
a)	Position/status	Non-Executive Director of the Company
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) £1.30	Volume(s) 7,693
d)	Aggregated information - Aggregated volume - Price - Principal amount	7,693 £1.30 £10,000.90
e)	Date of the transaction	1 June 2022
f)	Place of the transaction	London Stock Exchange, Main Market

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	John Rennocks
2	Reason for the notification
a)	Position/status	Chairman of the Company
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) £1.30	Volume(s) 9,377
d)	Aggregated information - Aggregated volume - Price - Principal amount	9,377 £1.30 £12,190.10
e)	Date of the transaction	1 June 2022
f)	Place of the transaction	London Stock Exchange, Main Market

For further information:

Bluefield Partners LLP (Company Investment Adviser) James Armstrong / Neil Wood / 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) Patrick Ogier	Tel: [phone] www.ocorian.com
Media enquiries: Buchanan (PR Adviser) Henry Harrison-Topham / Henry Wilson	Tel: [phone] www.buchanan.uk.com [e-mail]

Notes to Editors

About Bluefield Solar

Bluefield Solar is a London listed income fund focused on acquiring and managing renewable energy and storage projects predominantly in the UK, to provide stable, long term dividends for its shareholders whilst furthering the decarbonisation of the energy system. Not less than 75% of the Company's gross assets will be invested into UK solar assets. The Company can also invest up to 25% of its gross assets into wind, hydro and storage technologies. The majority of the Company's revenue streams are regulated and non-correlated to the UK energy market. 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 766 MWp.

Further information can be viewed at  www.bluefieldsif.com

LEI Code 2138004ATNLYEQKY4B30

About Bluefield Partners LLP

Bluefield Partners LLP was established in 2009 and is an investment adviser to companies and funds investing in renewable energy infrastructure.  It has a proven record in the selection, acquisition and supervision of large-scale energy assets in the UK and Europe.  The team has been involved in over £4 billion renewable funds and/or transactions in both the UK and Europe, including over £1 billion in the UK since December 2011.

Bluefield Partners LLP has led the acquisitions of, and currently advises on, over 100 UK based solar PV assets that are agriculturally, commercially or industrially situated.  Based in its London office, it is supported by a dedicated and experienced team of investment, legal and portfolio executives.  Bluefield Partners LLP was appointed Investment Adviser to Bluefield Solar in June 2013.

 

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