Renewables Infrastructure Grp (The) Scrip Share Reference Price (0529C)
February 17 2022 - 11:32AM
UK Regulatory
TIDMTRIG
RNS Number : 0529C
Renewables Infrastructure Grp (The)
17 February 2022
17 February 2022
The Renewables Infrastructure Group Limited (the "Company")
Scrip Share Reference Price
The reference price of a new Ordinary Share under the Company's
scrip dividend alternative for the fourth quarterly interim
dividend for the financial year ending 31 December 2021 (the "Q4
Dividend") has been set at 128.2p. This is the average of the
middle market prices of the Company's shares derived from the
London Stock Exchange Daily Official List for the ex-dividend date
and the four subsequent dealing days.
Further details of the scrip dividend alternative to the Q4
Dividend can be found in the Scrip Dividend Circular 2021 (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 ).
If all eligible Shareholders were to decide to receive the Q4
Dividend of 1.69p per share in cash (ignoring any dividend
waivers), the total cash dividend payable by the Company would be
approximately GBP38.32m.
If all eligible Shareholders were to elect to receive Scrip
Shares instead of cash in respect of their entire holdings,
approximately 29.89 million Scrip Shares would be issued based on
the reference price (ignoring any dividend waivers and any rounding
down in respect of fractions), representing approximately 1.32% of
the issued Ordinary Share capital of the Company as at today's
date.
The Q4 Dividend payment date and the date for admission and
dealing of the new Ordinary Shares to be issued pursuant to the
scrip dividend alternative is expected to be 31 March 2022.
For further information, please contact:
Enquiries
Aztec Financial Services (Guernsey)
Limited
Chris Copperwaite
Lucy Smith +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
Liberum Capital Limited
Chris Clarke
Darren Vickers
Owen Matthews +44 (0) 20 3100 2000
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END
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