Additional investment restriction

RNS Number : 5004M

Renewables Infrastructure Grp (The)

16 July 2014

 



16 July 2014

The Renewables Infrastructure Group Limited 
("TRIG" or the "Company")

Additional investment restriction incorporated into Investment Policy

The Board of TRIG announces that an additional investment restriction will be incorporated with immediate effect into the Company's investment policy, as follows: 

'The Company will not invest more than 15 per cent., in aggregate, of the value of its total assets in other investment companies or investment trusts that are listed on the Official List.'

This supplements the current investment restriction that is adhered to by the Company pursuant to the requirements of L.R. 15.2.5R of the Listing Rules of the Financial Conduct Authority, such that the Company may not invest more than 10 per cent. in aggregate of the value of the total assets of the Company in other investment companies or investment trusts which are listed on the Official List (except to the extent that those investment companies or investment trusts have published investment policies to invest no more than 15 per cent. of their gross assets in other investment companies or investment trusts which are listed on the Official List).

This additional investment restriction will enable a wider range of investors to consider the Company as a possible investment and will not impact on the Company's ability to achieve its investment objectives. The Directors do not believe that this amendment to the Company's investment policy is material and as such does not require shareholder approval.

Enquiries

InfraRed Capital Partners Limited                              [phone]
Richard Crawford
Matt Dimond

Canaccord Genuity Limited                                         [phone]
Andrew Zychowski
Lucy Lewis

Jefferies International Limited                                    [phone]
Gary Gould
Alex Collins

Ends

 

END

 

 

MSCUNOARSSABAAR