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19 Apr 2023 07:00
19 April 2023
LEI: 213800IE1PPREDIIZB62
Atrato Onsite Energy plc
(the "Company")
Dividend declaration
Atrato Onsite Energy plc (LSE: ROOF), the investment company focusing on clean energy generation, declares an interim dividend of 1.23 pence per Ordinary Share in respect of the period from 1 January 2023 to 31 March 2023 as scheduled below:
Ex-dividend date | 27 April 2023 |
Record date | 28 April 2023 |
Payment date | 26 May 2023 |
The Company is targeting an annualised dividend of five pence per Ordinary Share for its second financial year as set out at IPO.
ENQUIRIES
Atrato Partners Gurpreet Gujral Christopher Fearon
| +44 (0)77 959 75560 |
Berenberg Gillian Martin Ben Wright Dan Gee-Summons
| +44 (0)20 3207 7800 |
Kaso Legg Communications Charles Gorman Millie Steyn
| atrato@kl-communications.com +44 (0)20 3995 6673 +44 (0)20 3995 6671 |
Notes to Editors
Atrato Onsite Energy plc (LSE: ROOF) is an investment company focused on clean energy generation, providing new renewable energy capacity with 100% carbon traceability to industrial and commercial counterparties. The Company focuses on UK commercial solar, helping its corporate clients achieve net zero and reduce their energy bills. It raised £150 million in a significantly oversubscribed IPO in November 2021. Atrato Onsite Energy plc provides investors with attractive capital growth and secure, index-linked income, targeting a 5% dividend yield and a total shareholder return of 8 - 10%(1). Its shares were admitted to trading on the premium segment of the Main Market of the London Stock Exchange on 23 November 2021. Atrato Partners Limited is the Company's investment adviser.
Further information is available on the Company's website, www.atratoroof.com.
(1) The target dividend set out above is a target and is not a profit forecast. There can be no assurance that this target can or will be met. This target has been developed based upon assumptions with respect to future business decisions and conditions that are subject to change, including the Company's execution of its investment objective and strategies, as well as growth in the sector and markets in which the Company operates. As a result, the Company's actual results may vary from the targets set out above and those variations may be material. The target dividend yield reflects the IPO price of 100 pence per Ordinary Share.
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