Dividend Declaration

Renewables Infrastructure Grp (The)

01 August 2023

 

1 August 2023

The Renewables Infrastructure Group Limited (the 'Company')

Interim Dividend

The Renewables Infrastructure Group Limited (the 'Company') is pleased to announce the second quarterly interim dividend in respect of the three month period to 30 June 2023 of 1.795 pence per ordinary share (the "Q2 Dividend").  The shares will go ex-dividend on 10 August 2023 and the Q2 Dividend will be paid on 29 September 2023 to shareholders on the register as at the close of business on 11 August 2023.

As previously, subject to below, the Company intends to offer shareholders a scrip dividend alternative to the Q2 Dividend and the further two interim dividends for the financial year ending 31 December 2023, full details of which can be found in the Scrip Dividend Circular 2023 (the "Scrip Circular") available on the Company's website to view and/or download at www.trig-ltd.com in the Investors 'Reports and Publications' section.  It is also available on the National Storage Mechanism website (https://data.fca.org.uk/#/nsm/nationalstoragemechanism). 

The reference price of the scrip shares in respect of the Q2 Dividend will be calculated and published on or around 17 August 2023.

Shareholders will receive the Q2 Dividend in cash, unless they have previously completed a standing election (a "Scrip Dividend Mandate") to receive scrip shares.  Shareholders who would like to receive scrip shares rather than cash, and who have not previously submitted a Scrip Dividend Mandate, should complete the Scrip Dividend Mandate at the back of the Scrip Circular and return it to the Company's UK Transfer Agent, Link Asset Services, by no later than 5.00pm on 6 September 2023.

Notwithstanding the above, the Company is unlikely to offer the Scrip Dividend Alternative if the discount to the prevailing Net Asset Value per Ordinary Share at which the Ordinary Shares are trading, exceeds 10 per cent. at the time of either the publication of the Scrip Share Reference Price on or around 17 August 2023 or the Scrip Dividend Mandate deadline of 6 September 2023.   

For further information, please contact:

Aztec Financial Services (Guernsey) Limited Chris Copperwaite Laura Dunning	[phone]
InfraRed Capital Partners Limited Richard Crawford Phil George	[phone]
Brunswick                                                                 Mara James	[phone]
Investec Bank Plc  Lucy Lewis Denis Flanagan	[phone]
BNP Paribas                                                         Virginia Khoo Carwyn Evans	[phone]

 

END