Renewables Infrastructure Grp (The) Cancellation of Scrip Dividend Alternative (5600H)
November 25 2022 - 2:00AM
UK Regulatory
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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