Bluefield Solar Income Fund Limited Director/PDMR Shareholding (2483E)

TIDMBSIF

RNS Number : 2483E

Bluefield Solar Income Fund Limited

02 July 2019

 
  2 July 2019 
 

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 14,612 Ordinary Shares in the Company have been acquired by the Self-Investment Personal Pension and Individual Savings Account of Mr Giovanni Terranova, a PDMR of the Company. Following the transaction, Mr Terranova's beneficial interest in the Company is 182,568 shares, representing 0.05% 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                                  Mr Giovanni Terranova (via Hargreaves 
                                             Lansdowne) 
     ------------------------------------  ---------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------------ 
 a)   Position/status                       PDMR 
     ------------------------------------  ---------------------------------------- 
 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             Purchase of Ordinary Shares 
     ------------------------------------  ---------------------------------------- 
 c)   Price(s) and volume(s)                Price(s)               Volume(s) 
                                             GBP1.3686              14,612 
     ------------------------------------  ---------------------  ----------------- 
 d)   Aggregated information 
       - Aggregated volume                    14,612 
       - Price                                GBP1.3686 
       - Principal amount                     GBP19,999.01 
     ------------------------------------  ---------------------------------------- 
 e)   Date of the transaction               1 July 2019 
     ------------------------------------  ---------------------------------------- 
 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 / Mike Rand / Giovanni 
  Terranova 
  Numis Securities Limited (Company Broker)         Tel: [phone] 
   Tod Davis / David Benda                           www.numis.com 
                                                    Tel: [phone] 
   Estera International Fund Managers (Guernsey)     www.estera.com 
   Limited 
   (Company Secretary & Administrator) 
   Kevin Smith 
  Media enquiries: 
   Buchanan (PR Adviser)                            Tel: [phone] 
   Henry Harrison-Topham / Henry Wilson             www.buchanan.uk.com 
                                                    [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 to 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 465 Megawatt peak (MWp).

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 GBP1.5 billion of solar PV funds and/or transactions in both the UK and Europe since 2008, including over GBP800 million in the UK since December 2011.

Bluefield has led the acquisitions of, and currently advises on, over 85 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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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July 02, 2019 09:57 ET (13:57 GMT)