Statement re Non-Mainstream Pooled Investments

RNS Number : 1121X

Renewables Infrastructure Grp (The)

07 January 2014

 



7 January 2014

The Renewables Infrastructure Group Limited

Statement re Non-Mainstream Pooled Investments

The Board of The Renewables Infrastructure Group Limited ("TRIG") notes the changes to the FCA rules relating to the restrictions on the retail distribution of unregulated collective investment schemes and close substitutes which came into effect on 1 January 2014.

Following the receipt of legal advice, the Board confirms that it conducts the Company's affairs, and intends to continue to conduct the Company's affairs, such that the Company would qualify for approval as an investment trust if it were resident in the United Kingdom.  It is the Board's intention that the Company will continue to conduct its affairs in such a manner and that IFAs should therefore be able to recommend its Ordinary Shares to ordinary retail investors in accordance with the FCA's rules relating to non-mainstream investment products.

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For further information, please contact:

Dexion Capital (Guernsey) Limited                  01481 743 940

Christopher Copperwaite

Gillian Newton

 

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