Dividend Declaration

RNS Number : 8073Q

VH Global Sustainable Energy Oppt.

01 November 2021

 

VH Global Sustainable Energy Opportunities plc

1 November 2021

Dividend declaration

The Board of directors of  VH Global Sustainable Energy Opportunities plc  (the "Company") announces an interim dividend of 1.25p per Ordinary Share with respect to the period 2 February 2021 to 30 September 2021, as scheduled below:

Ex-Dividend date	11 November 2021
Record date	12 November 2021
Payment date	10 December 2021

With the declaration of today's dividend, the Company has exceeded its dividend target as set out at IPO to pay a minimum total dividend of 1p per Ordinary Share for the financial period ending 31 December 2021. Furthermore, the Company reaffirms the annual dividend target of 5p per Ordinary Share for the year beginning 1 January 2022*.

*The dividend and return targets stated in this announcement are targets only and not profit forecasts. There can be no assurance that these targets will be met, or that the Company will make any distributions at all and they should not be taken as an indication of the Company's expected future results. The Company's actual returns will depend upon a number of factors, including but not limited to the Company's net income and level of ongoing charges. Accordingly, potential investors should not place any reliance on these targets and should decide for themselves whether or not the target dividend and target net total shareholder return are reasonable or achievable.  

The Company's LEI is 213800RFHAOF372UU580. 

For further information, please contact:

Edelman Smithfield (PR Adviser)

Ged Brumby / Andrew McLagan

Tel: + 44 (0)7540 412 301 / [phone]

Numis (Corporate Broker)

David Benda / Matt Goss / Tod Davis

Tel: [phone]

G10 Capital Limited (AIFM)

Mohammed Rahman / Paul Cowland

Tel: + 44 (0)20 7397 5450

Apex Fund and Corporate Services (UK) Limited (Company Secretary)

Anthony Lee

Tel: [phone]

About Victory Hill Capital Advisors LLP

Victory Hill Capital Advisors LLP ("VHCA") (FRN 938594) is an Appointed Representative of G10 Capital Limited, which is authorised and regulated by the Financial Conduct Authority (FRN 648953).

Victory Hill is based in London and was founded in May 2020 by an experienced team of energy financiers that have spun-out of a large established global project finance banking group. The team have an established track record built over six years while working together in their previous roles and participating in over $37.1bn in sustainable energy project transaction values, generating over 24.2 per cent. equity returns. In addition, the team has also participated in more than $200bn in transaction values across 91 conventional and renewable energy-related transactions in over 30 jurisdictions worldwide, throughout their individual careers. The average experience per individual is 21 years of relevant energy finance experience.  VHCA is the investment adviser entity of the Victory Hill group.

The VHCA team deploys its experience across different financial disciplines in order to assess investments holistically from multiple points of view. The firm pursues operational stability and well-designed corporate governance to generate sustainable positive returns for investors. It focuses on supporting and accelerating the Energy Transition and the attainment of the UN Sustainable Development Goals.

VHCA is a signatory of the United Nations Principles for Responsible Investing (UN PRI), the United Nations Global Compact (UN GC) and is a formal supporter of the Financial Stability Board's Task-Force on Climate-related Disclosures (TFCD).

END

 

END

 

 

DIVPPGMCUUPGGMB