TIDMTRIG

RNS Number : 1586M

Renewables Infrastructure Grp (The)

19 May 2022

19 May 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 first quarterly interim dividend for the financial year ending 31 December 2022 (the "Q1 Dividend") has been set at 131.52p. 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 Q1 Dividend can be found 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 Investors, 'Reports & Publications' 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 Q1 Dividend of 1.71p per share in cash (ignoring any dividend waivers), the total cash dividend payable by the Company would be approximately GBP42.41m.

If all eligible Shareholders were to elect to receive Scrip Shares instead of cash in respect of their entire holdings, approximately 32.24 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 1.30% of the issued Ordinary Share capital of the Company as at today's date.

The Q1 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 30 June 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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May 19, 2022 10:50 ET (14:50 GMT)

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