ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

TENT Triple Point Energy Transition Plc

62.90
-0.10 (-0.16%)
24 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Triple Point Energy Transition Plc LSE:TENT London Ordinary Share GB00BMCBZL07 ORD GBP0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.10 -0.16% 62.90 61.80 64.00 62.00 62.00 62.00 312,679 16:35:19
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Trust,ex Ed,religious,charty 11.3M 8.81M 0.0881 7.04 62.01M

Triple Point Energy Transition PLC Purchase of Management Shares

11/04/2024 9:30am

RNS Regulatory News


RNS Number : 2661K
Triple Point Energy Transition PLC
11 April 2024
 

11 April 2024

 

Triple Point Energy Transition plc

(the "Company" or together with its subsidiaries, the "Group")

 

 Purchase of Ordinary Shares under the Investment Management Agreement

 

Triple Point Energy Transition (ticker: TENT) announces that, in fulfilling its outstanding obligations under the terms of the original Investment Management Agreement, Triple Point Investment Management LLP ("Triple Point" or the "Investment Manager"), has purchased 65,017 ordinary shares of £0.01 each in the capital of the Company ("Ordinary Shares") at an average price of 66 pence per share on 9 April 2024. Under that agreement, the Investment Manager shall procure 20 per cent. of the investment management fee by subscribing for or acquiring Ordinary Shares in the capital of the Company ("Management Shares"). This purchase of Management Shares was made by Perihelion One Limited ("Perihelion"), a company in the Triple Point Group.

 

The Triple Point Group now holds a total of 1,361,187 Ordinary Shares in the Company, representing approximately 1.36% of the total issued share capital.

 

 For further information, please contact:

Triple Point Investment Management LLP

Jonathan Hick

Christophe Arnoult

 

 

+44 (0) 20 7201 8989

J.P. Morgan Cazenove (Corporate Broker)

William Simmonds

Jérémie Birnbaum

 

+44 (0) 20 3493 8000

Akur Limited (Financial Adviser)

Tom Frost

Siobhan Sergeant

 

+44 (0) 20 7493 3631

Buchanan (Financial PR)

Helen Tarbet

Henry Wilson

Verity Parker

 

+44 (0) 20 7466 5111

 

LEI: 213800UDP142E67X9X28

 

Further information on the Company can be found on its website: http://www.tpenergytransition.com/

 

NOTES:

The Company is an investment trust which was established to invest in assets that support the transition to a lower carbon, more efficient energy system and help the UK achieve Net Zero. 

The Investment Manager is Triple Point Investment Management LLP ("Triple Point") which is authorised and regulated by the Financial Conduct Authority. Triple Point manages private, institutional, and public capital, and has a proven track record of investment in energy transition and decentralised energy projects.

On 22 March 2024, shareholders approved the Company's proposed orderly realisation of assets. Details of future divestments or returns of capital are expected to be announced via a Regulatory Information Service in due course.

 

 

 

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
 
 
MSCEAPLFFFNLEEA

1 Year Triple Point Energy Tran... Chart

1 Year Triple Point Energy Tran... Chart

1 Month Triple Point Energy Tran... Chart

1 Month Triple Point Energy Tran... Chart

Your Recent History

Delayed Upgrade Clock