Bluefield Solar Income Fund Limited Director/PDMR Shareholding (7754C)

TIDMBSIF

RNS Number : 7754C

Bluefield Solar Income Fund Limited

24 February 2022

 
  24 February 2022 
 

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), the UK income fund focused on acquiring and managing UK-based renewable energy and storage projects to provide growing dividends for its shareholders whilst furthering the decarbonisation of the energy system , has received notification that John Rennocks, a PDMR of the Company, has sold 35,000 ordinary shares in the Company:

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
     ----------------------------------------------------------------------------- 
 a)   Name                                  John Rennocks 
     ------------------------------------  --------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------------- 
 a)   Position/status                       PDMR of the Company 
     ------------------------------------  --------------------------------------- 
 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 the                    Bluefield Solar Income Fund Limited, 
       financial instrument,                 Ordinary Shares 
       type of instrument 
 
       Identification code                   GG00BB0RDB98 
     ------------------------------------  --------------------------------------- 
 b)   Nature of the transaction             Sale of Ordinary Shares 
     ------------------------------------  --------------------------------------- 
 c)   Price(s) and volume(s)                Price(s)               Volume(s) 
                                             GBP1.2128              35,000 
     ------------------------------------  ---------------------  ---------------- 
 d)   Aggregated information 
       - Aggregated volume                    35,000 
       - Price                                GBP1.2128 
       - Principal amount                     GBP42,448 
     ------------------------------------  --------------------------------------- 
 e)   Date of the transaction               24 February 2022 
     ------------------------------------  --------------------------------------- 
 f)   Place of the transaction              London Stock Exchange, Main Market 
     ------------------------------------  --------------------------------------- 
 

For further information:

 
 Bluefield Partners LLP (Company Investment   Tel: [phone] 
  Adviser)                                     www.bluefieldllp.com 
  James Armstrong / Neil Wood / Giovanni 
  Terranova 
 Numis Securities Limited (Company Broker)    Tel: [phone] 
  Tod Davis / David Benda                      www.numis.com 
 Ocorian                                      Tel: [phone] 
  (Company Secretary & Administrator)          www.ocorian.com 
  Patrick Ogier 
 Media enquiries: 
  Buchanan (PR Adviser)                        Tel: [phone] 
  Henry Harrison-Topham / Vicky Hayns /        www.buchanan.uk.com 
  Henry Wilson                                 [e-mail] 
 

Notes to Editors

About Bluefield Solar

Bluefield Solar is a UK income fund focused on acquiring and managing UK-based renewable energy and storage projects to generate stable, long term dividends for its shareholders whilst furthering the decarbonisation of the energy system. Not less than 75% of the Company's gross assets will be invested into UK solar assets. The Company can also invest up to 25% of its gross assets into wind, hydro and storage technologies. The majority of the Company's group's revenue streams are regulated and non-correlated to the UK energy market. Bluefield Solar owns and operates one of the UK's largest, diversified portfolios of solar assets with a combined installed power capacity now in excess of 673 MWp.

Further information can be viewed at www.bluefieldsif.com

LEI Code 2138004ATNLYEQKY4B30

About Bluefield Partners

Bluefield Partners LLP was established in 2009 and is an investment adviser to companies and funds investing in renewable energy infrastructure. It has a proven record in the selection, acquisition and supervision of large-scale energy assets in the UK and Europe. The team has been involved in over GBP4 billion renewable funds and/or transactions in both the UK and Europe, including over GBP1 billion in the UK since December 2011.

Bluefield Partners LLP has led the acquisitions of, and currently advises on, over 100 UK based solar PV assets that are agriculturally, commercially or industrially situated. Based in its London office, it is supported by a dedicated and experienced team of investment, legal and portfolio executives. Bluefield Partners LLP was appointed Investment Adviser to Bluefield Solar in June 2013.

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February 24, 2022 12:23 ET (17:23 GMT)