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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Ecofin U.s. Renewables Infrastructure Trust Plc | LSE:RNEW | London | Ordinary Share | GB00BLPK4430 | ORD USD0.01 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.0225 | -4.09% | 0.5275 | 0.505 | 0.55 | 0.5275 | 0.52 | 0.52 | 0.00 | 12:06:02 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Trust,ex Ed,religious,charty | 3.51M | 1.18M | 0.0086 | 61.63 | 73.18M |
TIDMRNEW
RNS Number : 4904W
Ecofin US Renewables Infrastr.Trust
23 April 2021
23 April 2021
ECOFIN U.S. RENEWABLES INFRASTRUCTURE TRUST PLC
(the "Company")
Reduction of share premium account
As stated in the Company's prospectus dated 11 November 2020 (the "Prospectus"), in order to increase the distributable reserves available to facilitate the payment of future distributions, the Company resolved that, conditional upon Admission and the approval of the Court, the amount standing to the credit of the share premium account of the Company immediately following Admission be cancelled and credited to a special distributable reserve.
The Company is pleased to announce that, following the approval of the Court and the subsequent registration of the Court order with the Registrar of Companies, the reduction became effective. Accordingly, the amount of $121,250,000 previously held in the share premium account has been cancelled and will be credited to a special distributable reserve.
Capitalised terms used but not defined shall have the meanings given to them in the Prospectus.
For further information, please contact: Ecofin Advisors, LLC (Investment Manager) Jerry Polacek Matthew Ordway Prashanth Prakash +1 913 981 1020 Stifel (Corporate Broker) Mark Bloomfield Nick Donovan Maarten Freeriks +44 207 710 7600 PraxisIFM Fund Services (UK) Limited (Company Secretary) +44 204 513 9260 Further information on the Company can be found on its website at https://uk.ecofininvest.com/funds/us-renewables-infrastructure-trust-plc/. The Company's LEI is 2138004JUQUL9VKQWD21.
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(END) Dow Jones Newswires
April 23, 2021 10:35 ET (14:35 GMT)
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