Net Asset Value and Dividend Announcement

RNS Number : 4006Z

Greencoat UK Wind PLC

24 January 2022

 

24 January 2022

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO, THE UNITED STATES (INCLUDING ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA), AUSTRALIA, CANADA, NEW ZEALAND, THE REPUBLIC OF SOUTH AFRICA OR JAPAN.

GREENCOAT UK WIND PLC

(the "Company")

Net Asset Value and Dividend Announcement

Net Asset Value / Net Asset Value per share	£3,093.7 million / 133.5 pence
Dividend / Dividend per share	£41.6 million / 1.795 pence

The Company announces that its unaudited Net Asset Value as of 31 December 2021 is £3,093.7 million (133.5 pence per share).

The Company's December 2021 Factsheet is available on the Company's website, www.greencoat-ukwind.com .

The Company also announces a quarterly interim dividend of 1.795 pence per share with respect to the quarter ended 31 December 2021 and an increase in the target dividend for 2022 to 7.72 pence per share, increased in line with the Retail Prices Index for December 2021.

Dividend Timetable

Ex-dividend date  10 February 2022

Record date  11 February 2022

Payment date  25 February 2022

The Company advises that it will release its annual results for the period to 31 December 2021 on Thursday 24 February 2022. A presentation for analysts and investors will take place at 9.30am via a conference call. To register for the event please notify Headland, either by email to [e-mail] or by telephone on [phone].

Presentation materials will be posted on the Company's website, www.greencoat-ukwind.com , from 9.00am.

Notes to Editors:

Greencoat UK Wind PLC ("UKW"), the leading listed renewable infrastructure fund invested in operating UK wind farms, has invested in 43 operating UK wind farms with net generating capacity of 1,422MW. The Company's aim is to provide investors with an annual dividend that increases in line with RPI inflation (7.72p for 2022) while preserving the capital value of its investment portfolio in the long term on a real basis through reinvestment of excess cash flow and the prudent use of gearing.

UKW is managed by an experienced team at Greencoat Capital LLP, a leading renewable investment manager with over £7 billion of assets under management. UKW is governed by a strong and experienced independent board.

UKW is incorporated in England and Wales and is a UK Investment Trust.

For more information about UKW, please visit  http://www.greencoat-ukwind.com .

For more information about Greencoat Capital LLP, please visit  http://www.greencoat-capital.com

For further information, please contact:

Greencoat UK Wind PLC  020 7832 9425

Stephen Lilley

Laurence Fumagalli

Tom Rayner

Disclaimer

This announcement is not for publication or distribution, directly or indirectly, in or into the United States (including its territories and possessions, any state of the United States and the District of Columbia), Australia, Canada, New Zealand, South Africa or Japan. The distribution of this announcement may be restricted by law in certain jurisdictions and persons into whose possession any document or other information referred to herein comes should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.

This announcement does not contain or constitute an offer for sale of, or the solicitation of an offer or an invitation to buy or subscribe for, Ordinary Shares to any person in the United States, Australia, Canada, New Zealand, South Africa or Japan or in any jurisdiction to whom or in which such offer or solicitation is unlawful.

The Company will not be registered under the US Investment Company Act of 1940, as amended. In addition, the Ordinary Shares referred to herein have not been and will not be registered under the US Securities Act of 1933 (the "Securities Act") or under the securities laws of any state of the United States and may not be offered or sold in the United States or to or for the account or benefit of US persons absent registration or pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in compliance with any applicable State securities laws. The offer and sale of Ordinary Shares referred to herein has not been and will not be registered under the Securities Act or under the applicable securities laws of any state, province or territory of Australia, Canada, New Zealand, South Africa or Japan. Subject to certain exceptions, the Ordinary Shares referred to herein may not be offered or sold in Australia, Canada, New Zealand, South Africa or Japan or to, or for the account or benefit of, any national, resident or citizen of Australia, Canada, New Zealand, South Africa or Japan. There will be no public offer of the Ordinary Shares in the United States, Australia, Canada, New Zealand, South Africa or Japan.

 

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