TIDMGSF

RNS Number : 0229S

Gore Street Energy Storage Fund PLC

11 March 2021

11 March 2021

Gore Street Energy Storage Fund plc

(the "Company" or "Gore Street")

Dividend Confirmation of Record Date

On 8 March 2021, the Board of Directors (the "Board") of Gore Street declared an interim dividend of 2.0 pence per share for the period 1 October 2020 to 31 December 2020. The dividend will be paid on or around 9 April 2021 to shareholders on the register on 19 March 2021 with an ex-dividend date of 18 March 2021.

Since the last audited NAV as at 31 March 2020, the Company's NAV appreciated from 94.6 pence per share to 99.6 pence per share, an increase of 5.0 pence per share or 5.29%. During the last twelve months of wider equity market uncertainty, the Company has announced 7 pence per share in dividends as targeted. Total NAV return, including the 7.0 pence paid in dividends, was 10.9%.

The Legal Entity Identifier of the Company is 213800GPUNVGG81G4O21.

For further information:

 
Gore Street Capital Limited 
Alex O'Cinneide / Paula Travesso                      Tel: +44 (0) 20 3826 0290 
 
 
Shore Capital (Joint Broker) 
Anita Ghanekar / Hugo Masefield (Corporate Advisory)  Tel: +44 (0) 20 7601 6128 
 Henry Willcocks / Fiona Conroy (Corporate Broking) 
 
 
J. P. Morgan Cazenove (Joint Broker) 
William Simmonds / Jérémie Birnbaum (Corporate  Tel: +44 (0) 20 7742 
 Finance)                                                  4000

Buchanan (Media enquiries)

 
Charles Ryland / Henry Wilson / George Beale  Tel: +44 (0) 20 7466 5000 
                                              Email: Gorestreet@buchanan.uk.com 
 
   JTC (UK) Limited, Company Secretary                                   Tel: +44 (0) 20 7409 0181

Notes to Editors

About Gore Street Energy Storage Fund plc

Gore Street is London's first listed energy storage fund and seeks to provide Shareholders with a significant opportunity to invest in a diversified portfolio of utility scale energy storage projects. In addition to growth through exploiting its considerable pipeline, the Company aims to deliver consistent and robust dividend yield as income distributions to its Shareholders.

The Company targets an annual dividend of 7.0% of NAV per Ordinary Share in each financial year, subject to a minimum target of 7.0 pence per Ordinary Share. Dividends are paid quarterly.

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

DIVFLFSDVFILLIL

(END) Dow Jones Newswires

March 11, 2021 12:46 ET (17:46 GMT)

Gore Street Energy Storage (LSE:GSF)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Gore Street Energy Storage Charts.
Gore Street Energy Storage (LSE:GSF)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Gore Street Energy Storage Charts.