Bluefield Solar Income Fund Limited Director/PDMR Shareholding (5122H)

TIDMBSIF

RNS Number : 5122H

Bluefield Solar Income Fund Limited

03 December 2020

 
  3 December 2020 
 

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, has received notification that Mr Paul Le Page, a Director of the Company, has sold 35,000 Ordinary Shares in the Company. Following the transaction, Mr Le Page's beneficial interest in the Company is 35,000 shares, representing 0.01% 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                                 Paul Le Page 
     -----------------------------------  --------------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------------------- 
 a)   Position/status                      Director 
     -----------------------------------  --------------------------------------- 
 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) 
                                            GBP1.282399            35,000 
     -----------------------------------  ---------------------  ---------------- 
 d)   Aggregated information 
       - Aggregated volume                   35,000 
       - Price                               GBP1.282399 
       - Principal amount                    GBP44,883.97 
     -----------------------------------  --------------------------------------- 
 e)   Date of the transaction              3 December 2020 
     -----------------------------------  --------------------------------------- 
 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 
  Kevin Smith 
 Media enquiries: 
  Buchanan (PR Adviser)                        Tel: [phone] 
  Henry Harrison-Topham / Henry Wilson         www.buchanan.uk.com 
  / Charlotte Slater                           [e-mail] 
 

Notes to Editors

About Bluefield Solar

Bluefield Solar is a UK income fund focused, primarily, on acquiring and managing UK-based solar projects to generate renewable energy for periods of typically 25 years or longer. 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 onshore wind, hydro and storage technologies. Its primary objective is to deliver to its shareholders stable, long term sterling income via quarterly dividends. The majority of the 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 in excess of 543 Megawatt peak.

Further information can be viewed at www.bluefieldsif.com

About Bluefield Partners LLP ('Bluefield')

Bluefield Partners 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 GBP1.8 billion renewable funds and/or transactions in both the UK and Europe since 2008, including over GBP1.1 billion in the UK since December 2011.

Bluefield Partners 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 highly experienced team of investment, legal and portfolio executives. Bluefield Partners was appointed Investment Adviser to Bluefield Solar in June 2013.

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December 03, 2020 11:25 ET (16:25 GMT)