Bluefield Solar Income Fund Limited Director/PDMR Shareholding (9494R)

TIDMBSIF

RNS Number : 9494R

Bluefield Solar Income Fund Limited

27 September 2017

 
  27 September 2017 
 

Bluefield Solar Income Fund Limited

('Bluefield Solar' or the 'Company')

Notification of Transactions of Persons Discharging Managerial Responsibility ("PDMR") and Connected Persons ("PCA")

Bluefield Solar (LON:BSIF), a sterling income fund that invests in UK-based solar assets, received notification that 6,996 Ordinary Shares in the Company have been acquired by the Self-Investment Personal Pension of Mr Giovanni Terranova, a PDMR of the Company. Following the transaction, Mr Terranova's beneficial interest in the Company is 150,170 shares, representing 0.04% of the issued capital of the Company.

Details of the transaction can be found in the Notification of Dealing Form below.

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ---------------------------------------------------------------- 
 a)   Name                          HL Vantage SIPP 
---  ----------------------------  ---------------------------------- 
 2    Reason for the notification 
---  ---------------------------------------------------------------- 
 a)   Position/status               PCA with Mr Giovanni Terranova, 
                                     a member of the Investment 
                                     Advisor 
---  ----------------------------  ---------------------------------- 
 b)   Initial notification          Initial Notification 
       /Amendment 
---  ----------------------------  ---------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ---------------------------------------------------------------- 
 a)   Name                          Bluefield Solar Income Fund 
                                     Limited 
---  ----------------------------  ---------------------------------- 
 b)   LEI                           2138004ATNLYEQKY4B30 
---  ----------------------------  ---------------------------------- 
 4    Details of the transaction(s): section to 
       be repeated for (i) each type of instrument; 
       (ii) each type of transaction; (iii) each 
       date; and (iv) each place where transactions 
       have been conducted 
---  ---------------------------------------------------------------- 
 a)   Description of                Bluefield Solar Income Fund 
       the financial                 Limited, Ordinary Shares 
       instrument, type 
       of instrument 
                                     GG00BB0RDB98 
       Identification 
       code 
---  ----------------------------  ---------------------------------- 
 b)   Nature of the                 Purchase of Ordinary Shares 
       transaction 
---  ----------------------------  ---------------------------------- 
 c)   Price(s) and volume(s)        Price(s)            Volume(s) 
                                     GBP114.35           6,996 
---  ----------------------------  ------------------  -------------- 
 d)   Aggregated information 
       - Aggregated volume            6,996 
       - Price                        GBP7,999.93 
---  ----------------------------  ---------------------------------- 
 e)   Date of the transaction       25 September 2017 
---  ----------------------------  ---------------------------------- 
 f)   Place of the transaction      London Stock Exchange, Main 
                                     Market 
---  ----------------------------  ---------------------------------- 
 

For further information:

 
 Bluefield Partners LLP (Company        Tel: [phone] 
  Investment Adviser)                    www.bluefieldllp.com 
  James Armstrong / Mike Rand 
  / Giovanni Terranova 
 Numis Securities Limited (Company      Tel: [phone] 
  Broker)                                www.numis.com 
  Tod Davis / David Benda 
 Heritage International Fund            Tel: [phone] 
  Managers Limited                       000 
  (Company Secretary & Administrator)    www.heritage.co.gg 
  Kevin Smith 
 Media enquiries: 
  Buchanan (PR Adviser)                  Tel: [phone] 
  Henry Harrison-Topham / Vicky          www.buchanan.uk.com 
  Hayns / Henry Wilson                   [e-mail] 
 

Notes to Editors

About Bluefield Solar

Bluefield Solar is a sterling income fund focused on acquiring and managing UK-based solar projects to generate stable renewable energy for periods of typically 25 years or longer. The Company's primary objective is to deliver its Shareholders stable, long term sterling income via quarterly dividends, which are linked to RPI. The majority of the Group's revenue streams are regulated and non-correlated to traditional markets. Bluefield Solar owns and operates one of the UK's largest, diversified portfolios of solar assets with a combined installed power capacity in excess of 440MWp.

Further information can be viewed at www.bluefieldsif.com.

About Bluefield Partners LLP ('Bluefield')

Bluefield was established in 2009 and is an investment adviser to companies and funds investing in solar energy infrastructure. It has a proven record in the selection, acquisition and supervision of large scale energy and infrastructure assets in the UK and Europe. The team has been involved in over GBP1.25 billion of solar PV funds and/or transactions in both the UK and Europe since 2008, including over GBP500 million in the UK since December 2011.

Bluefield has led the acquisitions of, and currently advises on over 70 UK based solar PV assets that are agriculturally, commercially or industrially situated. Based in its London office, Bluefield's partners are supported by a dedicated and highly experienced team of investment, legal and portfolio executives. Bluefield was appointed Investment Adviser to the Company in June 2013.

This information is provided by RNS

The company news service from the London Stock Exchange

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September 27, 2017 04:30 ET (08:30 GMT)