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GV2O Gresham House Renewable Energy Vct 2 Plc

48.00
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Gresham House Renewable Energy Vct 2 Plc LSE:GV2O London Ordinary Share GB00B43GVJ82 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 48.00 45.00 51.00 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Svcs Allied W/exchanges, Nec -3.84M -4.56M -0.1745 -2.75 12.54M

Gresham House Renewable EnergyVCT2 Update on Sale of Solar Assets (7537F)

23/03/2022 10:46am

UK Regulatory


Gresham House Renewable ... (LSE:GV2O)
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From Mar 2021 to Mar 2024

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TIDMGV2O

RNS Number : 7537F

Gresham House Renewable EnergyVCT2

23 March 2022

23 March 2022

GRESHAM HOUSE RENEWABLE ENERGY VCT 2 PLC

(the "Company", the "VCT")

Update on Sale of Solar Assets

The Company would like to provide the following update with regards to the sale of the VCT's solar assets.

The Company appointed EY to advise on the sale of these assets in June last year and EY conducted a competitive bidding process on the Company's behalf. As a result of this process, a potential buyer of credible standing was selected and they were given exclusivity to complete the purchase of the assets by the end of February. Unfortunately the sale process has slowed due to a number of issues that have arisen during due diligence which will take time to resolve.

The Board are still actively pursuing the sale with the selected potential buyer, however, this will take longer to complete than anticipated. The Board remains committed to delivering the best possible value to shareholders at the earliest opportunity.

END

For further information, please contact:

 
 Gresham House Asset Management   Renewablevcts@greshamhouse.com 
  Investor Relations               Tel: 020 7382 0999 
 
 JTC (UK) Limited                 GreshamVCTs@jtcgroup.com 
  Company Secretary                Tel: 020 3846 9774 
 

LEI: 213800GQ3JQE2M214C75

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 rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DISUOSRRUOUOUAR

(END) Dow Jones Newswires

March 23, 2022 06:46 ET (10:46 GMT)

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