NextEnergy Solar Fund Limited Scrip Dividend Shares - Additional Listing (0093L)
28 September 2016 - 4:01PM
UK Regulatory
TIDMNESF
RNS Number : 0093L
NextEnergy Solar Fund Limited
28 September 2016
NextEnergy Solar Fund Limited ("NESF" or the "Company")
SCRIP DIVIDEND SHARES - ADDITIONAL LISTING
The NESF Board wishes to confirm the following in respect of the
scrip dividend:
Dividend period: 1 April 2016 to 30
June 2016
Dividend amount per share: 1.5775 pence
Scrip dividend price per share: 104.626 pence
Payment date/Allotment of 30 September 2016
scrip:
Number of new shares to be
issued: 1,139,374
Application has been made to the London Stock Exchange for
1,139,374 ordinary shares to be admitted to trading. These ordinary
shares are to be issued as a scrip dividend alternative to
receiving a cash dividend in respect of the dividend for the first
quarter of the Company's 2016/17 financial year. Dealings are
expected to commence at 8:00 a.m. on 30 September 2016.
Immediately following Admission, the Company's issued share
capital will comprise 343,197,405 ordinary shares, none of which
will be held in treasury. Each ordinary share carries the right to
one vote and, therefore, the total number of voting rights in the
Company on Admission will be 343,197,405. This figure may be used
by shareholders and other investors as the denominator for the
calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the
Company under the FCA's Disclosure Guidance and Transparency
Rules.
For further information:
NextEnergy Capital
Limited 020 3239 9054
Michael Bonte-Friedheim
Aldo Beolchini
Cantor Fitzgerald
Europe 020 7894 7667
Sue Inglis
Fidante Capital 020 7832 0900
Robert Peel
Justin Zawoda-Martin
Macquarie Capital
(Europe) Limited 020 3037 2000
Ken Fleming
Nick Stamp
Shore Capital 020 7408 4090
Bidhi Bhoma
Anita Ghanekar
MHP Communications 020 3128 8100
Andrew Leach / Jamie Ricketts / Rebecca Emery
Notes to Editors:
NextEnergy Solar Fund
NESF is a specialist investment company that invests in
operating solar power plants in the UK. Its objective is to secure
attractive shareholder returns through RPI-linked dividends and
long-term capital growth. The Company achieves this by acquiring
solar power plants on agricultural, industrial and commercial
sites.
NESF has raised equity proceeds of approximately GBP350m since
its initial public offering on the main market of the London Stock
Exchange in April 2014. It also has credit facilities of GBP210.1m
in place (Macquarie and Santander: GBP88.5m, MIDIS: GBP55.0m,
Bayersiche Landesbank: GBP44.9m and NIBC: GBP21.7m).
NESF is differentiated by its access to NextEnergy Capital Group
(NEC Group), its Investment Manager, which has a strong track
record in sourcing, acquiring and managing operating solar assets.
WiseEnergy is NEC Group's specialist operating asset management
division, providing solar asset management, monitoring and other
services to over 1,250 utility-scale solar power plants with an
installed capacity in excess of 1.7 GW. NextPower II is NEC Group's
private equity fund with initial commitments of EUR150m, investing
in operating solar power plants and focused on consolidating the
substantial, highly fragmented Italian solar market.
Further information on NESF, NEC Group and WiseEnergy is
available at www.nextenergysolarfund.com, www.nextenergycapital.com
and www.wise-energy.eu.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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