Gore Street Energy Storage Fund PLC Reduction of Share Premium Account (9385X)
10 January 2022 - 9:57PM
UK Regulatory
TIDMGSF
RNS Number : 9385X
Gore Street Energy Storage Fund PLC
10 January 2022
10 January 2022
Gore Street Energy Storage Fund plc
(the 'Company' or 'Gore Street')
Reduction of Share Premium Account
At the Company's general meeting held on 6 September 2021, a
special resolution was passed that, subject to the confirmation of
the Court, the amount standing to the credit of the share premium
account of the Company be reduced by GBP40 million. The Company is
pleased to announce that, following the approval of the Court on 14
December 2021 and the subsequent registration of the Court order
with the Registrar of Companies on 15 December 2021, the reduction
has now become effective. The certificate of registration of order
of court on reduction of share premium account was given at
Companies House on 7 January 2022.
The Legal Entity Identifier of the Company is
213800GPUNVGG81G4O21.
For further information:
Gore Street Capital Limited
Alex O'Cinneide / Maria Vaggione Tel: +44 (0) 20 3826 0290
Shore Capital (Joint Corporate Broker)
Anita Ghanekar / Rose Ramsden / Iain Sexton (Corporate Advisory) Tel: +44 (0) 20 7 408 4050
Fiona Conroy / Henry Willcocks (Corporate Broking)
J. P. Morgan Cazenove (Joint Corporate Broker)
William Simmonds / Jérémie Birnbaum (Corporate Tel: +44 (0) 20 7742
Finance) 4000
Buchanan (Media enquiries)
Charles Ryland / Henry Wilson / George Tel: +44 (0) 20 7466 5000
Beale
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% o f NAV per
Ordinary Share in each financial year, subject to a minimum target
of 7.0 pence per Ordinary Share. Dividends are paid quarterly.
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END
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