Transaction in Own Shares

NextEnergy Solar Fund Limited
02 September 2024
 

LEI: 213800ZPHCBDDSQH5447

02 September 2024

NextEnergy Solar Fund Limited

("NESF" or the "Company")

 

Transaction in own shares

 

NextEnergy Solar Fund, a leading specialist investor in solar energy and energy storage, announces that it has purchased the following number of Ordinary Shares on the London Stock Exchange through RBC Europe Limited.

 

Date of purchase:

30 August 2024

Number of ordinary shares purchased:

100,000

Lowest price per ordinary share (GBp):

80.70

Highest price per ordinary share (GBp):

80.90

Weighted average price per ordinary share (GBp):

80.82

 

The Company intends to hold the purchased shares in Treasury.

 

Following the above transaction, the Company holds 3,525,882 of its Ordinary Shares in treasury and has 587,395,303 Ordinary Shares in issue (excluding treasury shares).

 

The total number of voting rights in the Company is 587,295,303 which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their major interest or a change to their major interest in the Company under the FCA's Disclosure Guidance and Transparency Rules. 

 

For further information:

 

NextEnergy Capital

Michael Bonte-Friedheim

 

 

020 3746 0700

ir@nextenergysolarfund.com

Ross Grier


Stephen Rosser


Peter Hamid (Investor Relations)

 


 

RBC Europe Limited

020 7653 4000

Matthew Coakes


Elizabeth Evans

Kathryn Deegan

 

 


Cavendish

020 7397 1909

James King


William Talkington

 


 

H/Advisors Maitland

020 7379 5151

Neil Bennett


Finlay Donaldson




 

Ocorian Administration (Guernsey) Limited

01481 742642

Kevin Smith


 

 

Notes to Editors1:

About NextEnergy Solar Fund

NextEnergy Solar Fund is a specialist solar energy and energy storage investment company that is listed on the premium segment of the London Stock Exchange and is a FTSE 250 constituent.

 

NextEnergy Solar Fund's investment objective is to provide ordinary shareholders with attractive risk-adjusted returns, principally in the form of regular dividends, by investing in a diversified portfolio of utility-scale solar energy and energy storage infrastructure assets.  The majority of NESF's long-term cash flows are inflation-linked via UK government subsidies.

 

As at 31 March 2024, the Company had an audited gross asset value of £1,155m.  More information is available at www.nextenergysolarfund.com

Article 9 Fund

NextEnergy Solar Fund is classified under Article 9 of the EU Sustainable Finance Disclosure Regulation and EU Taxonomy Regulation.  NextEnergy Solar Fund's sustainability-related disclosures in the financial services sector are in accordance with Regulation (EU) 2019/2088 and can be accessed on the ESG section of both the NextEnergy Solar Fund and NextEnergy Capital websites.

 

About NextEnergy Group

NextEnergy Solar Fund is managed by NextEnergy Capital, part of the NextEnergy Group.  NextEnergy Group was founded in 2007 to become a leading market participant in the international solar sector.  Since its inception, it has been active in the development, construction, and ownership of solar assets across multiple jurisdictions.  NextEnergy Group operates via its three business units: NextEnergy Capital (Investment Management), WiseEnergy (Operating Asset Management), and Starlight (Asset Development).

 

·      NextEnergy Capital: has over 17 years of specialist solar expertise having invested in over 400 individual solar plants across the world.  NextEnergy Capital currently manages four institutional funds with a total capacity in excess of 3GW and has assets under management of $4.3bn.  More information is available at www.nextenergycapital.com   

·      WiseEnergy®:  is a leading specialist operating asset manager in the solar sector.  Since its founding, WiseEnergy has provided solar asset management, monitoring and technical due diligence services to over 1,500 utility-scale solar power plants with an installed capacity in excess of 2.5GW.  More information is available at www.wise-energy.com

·      Starlight: has developed over 100 utility-scale projects internationally and continues to progress a large pipeline of c.10GW of both green and brownfield project developments across global geographies.  More information is available at www.starlight-energy.com

 

Notes:

1: All financial data is audited at 31 March 2024, being the latest date in respect of which NextEnergy Solar Fund has published financial information

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), a breakdown of the individual trades made as part of the Programme is detailed below:

Aggregate information: 

 

Platform

Daily total volume (in number of shares)

Daily weighted average price of shares acquired (GBp)

 



XLON

75,300

80.83




BATE

5,905

80.72




CHIX

6,900

80.89




TRQX

8,275

80.80




Aquis

3,620

80.73




 

Individual Transactions:

 







 

Transaction Date

Transaction Time

Volume

Price

Platform

Transaction Ref

 

30/08/2024

10:14:48

144

80.70

BATE

00265871540TRLO0

 

 

30/08/2024

10:14:48

1052

80.70

BATE

00265871541TRLO0

 

 

30/08/2024

10:14:48

95

80.70

BATE

00265871542TRLO0

 

 

30/08/2024

10:14:48

55

80.70

XLON

00265871543TRLO0

 

 

30/08/2024

10:14:48

8

80.70

XLON

00265871544TRLO0

 

 

30/08/2024

10:14:48

2

80.70

XLON

00265871545TRLO0

 

 

30/08/2024

11:35:15

373

80.70

BATE

00265881395TRLO0

 

 

30/08/2024

11:35:15

621

80.70

BATE

00265881396TRLO0

 

 

30/08/2024

11:35:15

905

80.70

TRQX

00265881397TRLO0

 

 

30/08/2024

11:35:15

2650

80.70

XLON

00265881398TRLO0

 

 

30/08/2024

11:35:15

1810

80.70

BATE

00265881400TRLO0

 

 

30/08/2024

11:35:15

3750

80.70

XLON

00265881401TRLO0

 

 

30/08/2024

11:35:15

5000

80.70

XLON

00265881403TRLO0

 

 

30/08/2024

11:35:15

1714

80.70

XLON

00265881405TRLO0

 

 

30/08/2024

11:35:15

830

80.70

XLON

00265881406TRLO0

 

 

30/08/2024

11:35:15

1042

80.70

XLON

00265881407TRLO0

 

 

30/08/2024

11:35:15

1058

80.70

XLON

00265881408TRLO0

 

 

30/08/2024

11:35:15

356

80.70

XLON

00265881409TRLO0

 

 

30/08/2024

11:35:15

550

80.70

TRQX

00265881412TRLO0

 

 

30/08/2024

11:35:15

23

80.70

TRQX

00265881413TRLO0

 

 

30/08/2024

11:35:15

72

80.70

Aquis

00265881414TRLO0

 

 

30/08/2024

11:35:15

332

80.70

TRQX

00265881415TRLO0

 

 

30/08/2024

11:35:15

833

80.70

Aquis

00265881416TRLO0

 

 

30/08/2024

11:35:15

3190

80.70

XLON

00265881417TRLO0

 

 

30/08/2024

11:35:15

1810

80.70

Aquis

00265881426TRLO0

 

 

30/08/2024

11:35:15

3190

80.70

XLON

00265881427TRLO0

 

 

30/08/2024

11:35:19

1940

80.70

TRQX

00265881446TRLO0

 

 

30/08/2024

11:35:19

4525

80.70

XLON

00265881447TRLO0

 

 

30/08/2024

15:27:15

905

80.70

BATE

00265932128TRLO0

 

 

30/08/2024

15:34:08

95

80.70

XLON

00265934469TRLO0

 

 

30/08/2024

16:17:17

95

80.80

Aquis

00265952834TRLO0

 

 

30/08/2024

16:17:17

810

80.80

Aquis

00265952835TRLO0

 

 

30/08/2024

16:17:17

787

80.80

TRQX

00265952836TRLO0

 

 

30/08/2024

16:17:17

905

80.80

BATE

00265952837TRLO0

 

 

30/08/2024

16:17:17

905

80.80

CHIX

00265952838TRLO0

 

 

30/08/2024

16:17:17

118

80.80

TRQX

00265952839TRLO0

 

 

30/08/2024

16:17:17

207

80.80

XLON

00265952840TRLO0

 

 

30/08/2024

16:17:17

8

80.80

XLON

00265952841TRLO0

 

 

30/08/2024

16:17:17

87

80.80

XLON

00265952842TRLO0

 

 

30/08/2024

16:17:18

900

80.80

XLON

00265952898TRLO0

 

 

30/08/2024

16:17:18

178

80.80

XLON

00265952899TRLO0

 

 

30/08/2024

16:17:19

95

80.80

XLON

00265952911TRLO0

 

 

30/08/2024

16:25:02

3620

80.90

TRQX

00265957616TRLO0

 

 

30/08/2024

16:25:02

5995

80.90

CHIX

00265957617TRLO0

 

 

30/08/2024

16:25:02

15385

80.90

XLON

00265957618TRLO0

 

 

30/08/2024

16:25:02

25000

80.90

XLON

00265957620TRLO0

 

 

30/08/2024

16:25:02

5975

80.90

XLON

00265957628TRLO0

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UK 100

Latest directors dealings