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Share Name Share Symbol Market Type Share ISIN Share Description
The Renewables Infrastructure Group Limited LSE:TRIG London Ordinary Share GG00BBHX2H91 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.80 0.61% 131.40 131.00 131.40 131.40 130.60 130.60 3,433,124 16:35:08
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Alternative Energy 0.0 210.5 10.0 13.1 3,260

Renewables Infrastructure Grp (The) Cancellation of Scrip Dividend Alternative

25/11/2022 7:00am

UK Regulatory (RNS & others)


The Renewables Infrastru... (LSE:TRIG)
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TIDMTRIG

RNS Number : 5600H

Renewables Infrastructure Grp (The)

25 November 2022

25 November 2022

The Renewables Infrastructure Group Limited (the "Company")

Cancellation of Scrip Dividend Alternative

The Board has taken the decision to cancel the scrip dividend alternative in respect of the Q3 Dividend on the basis that the Reference Price would be below the Net Asset Value of the Company. Shareholders will be paid their dividend in cash and, should they so wish, can choose to apply the cash dividend in acquiring Ordinary Shares in the secondary market.

Capitalised terms shall have the meanings given to them in the Scrip Dividend Circular 2022 (the "Scrip Circular") available on the Company's website to view and/or download at: www.trig-ltd.com in the Investor Relations, 'Reports & Publications', 'Circulars' section. It is also available from the National Storage Mechanism website ( https://data.fca.org.uk/#/nsm/nationalstoragemechanism ).

The Board expects to re-instate the scrip dividend alternative in respect of future quarterly dividends, subject to an assessment of the relevant prices and a determination that a re-instatement of the scrip dividend alternative would be for the benefit of the Company's shareholders as a whole.

For further information, please contact:

Enquiries

 
 Aztec Financial Services (Guernsey) 
  Limited 
  Chris Copperwaite 
  Laura Dunning                         +44 (0)1481 748831 
 InfraRed Capital Partners Limited 
  Richard Crawford 
  Phil George                           +44 (0) 20 7484 1800 
 Maitland/AMO 
  Rhys Jones 
  Charles Withey                        +44 (0) 20 7379 5151 
 Investec Bank Plc 
  Lucy Lewis 
  Denis Flanagan                        +44 (0) 20 7597 5661 
 BNP Paribas 
  Virginia Khoo 
  Carwyn Evans                          +44 (0) 20 7595 9444 
 

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November 25, 2022 02:00 ET (07:00 GMT)

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