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Dividend Declaration

21 Apr 2022 07:00

RNS Number : 8214I
Atrato Onsite Energy PLC
21 April 2022
 

21 April 2022

LEI: 213800IE1PPREDIIZB62

Atrato Onsite Energy plc

(the "Company")

Dividend Declaration

 

Atrato Onsite Energy plc (LSE: ROOF), the renewables investment trust focusing on UK commercial onsite solar and providing investors with capital growth and long-dated, index-linked income, today declares a maiden interim dividend of 1.76 pence per Ordinary Share in respect of the period from admission of the Company's share capital to trading on the premium segment of the London Stock Exchange's main market on 23 November 2021 to 31 March 2022 as scheduled below:

Ex-dividend date

28 April 2022

Record date

29 April 2022

Payment date

27 May 2022

 

This dividend represents the first payment under the Company's annualised dividend target as set out at IPO of 5 pence per Ordinary Share for the financial year ended 30 September 2022.(1)

ENQUIRIES

Atrato Partners Limited +44 (0)7795 975 560

Gurpreet Gujral

Francisca Wiggins

Christopher Fearon

 

Alvarium Securities Limited

Mark Thompson +44 (0)20 7016 6711

Eddie Nissen +44 (0)20 7016 6713

Oliver Kenyon +44 (0)20 7016 6704

 

Kaso Legg Communications atrato@kl-communications.com

Charles Gorman +44 (0)20 3995 6673

Will Sanderson +44 (0)20 3995 6699

Millie Steyn +44 (0)20 3995 6671

 

Notes to Editors

Atrato Onsite Energy plc (LSE: ROOF) is an investment company focused on onsite green energy generation, providing new renewable energy capacity with 100% carbon traceability to industrial and commercial counterparties. The Company focuses on UK commercial rooftop 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 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 and target NAV Total Return set out above are targets only and are not profit forecasts. There can be no assurance that these targets can or will be met. These targets have 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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END
 
 
DIVIMMMTMTMTTAT
Date   Source Headline
14th Sep 202310:42 amRNSHolding(s) in Company
13th Sep 20237:00 amRNSAcquisition of 34MW Operational Rooftop portfolio
4th Sep 20237:00 amRNSNew Revolving Credit Facility
27th Jul 202312:31 pmRNSDirector Declaration
27th Jul 20237:00 amRNSDividend Declaration
12th Jul 20237:00 amRNSProject London Road update – PPA signed
28th Jun 20237:00 amRNSProject Skeeby update – PPA signed
23rd Jun 20231:17 pmRNSDirectorate Change
13th Jun 20235:37 pmRNSDirector/PDMR Shareholding
13th Jun 20237:00 amRNSInterim results to 31 March 2023
8th Jun 20234:55 pmRNSHolding(s) in Company
7th Jun 202310:00 amRNSInvestor presentation via Investor Meet Company
25th May 20237:00 amRNSOperational update and unaudited Net Asset Value
15th May 20237:00 amRNSNotice of Interim Results
21st Apr 20239:45 amRNSChange of Registered Office
19th Apr 20237:00 amRNSDividend Declaration
14th Apr 20237:00 amRNSAcquisition of 50MW North Yorkshire solar project
12th Apr 20237:00 amRNSAppointment of Director
5th Apr 20233:18 pmRNSHolding(s) in Company
31st Mar 202311:41 amRNSDirector/PDMR Shareholding
31st Mar 20237:00 amRNSDirector/PDMR Shareholding
30th Mar 20237:00 amRNSDirector/PDMR Shareholding
30th Mar 20237:00 amRNSDirector/PDMR Shareholding
24th Mar 202310:40 amRNSInvestment of £29 million into two solar projects
10th Mar 20233:07 pmRNSResult of AGM
1st Mar 202312:01 pmRNSHolding(s) in Company
17th Feb 20233:59 pmRNSUpdate on Corporate Brokers
16th Feb 20237:00 amRNSInvestment Update and New Framework Agreement
9th Feb 20231:53 pmRNSHolding(s) in Company
2nd Feb 20237:00 amRNSNotice of AGM
26th Jan 20237:00 amRNSDividend Declaration
24th Jan 20237:00 amRNSDirector/PDMR Shareholding
5th Jan 20234:56 pmRNSHolding(s) in Company
23rd Dec 20229:09 amRNSAppointment of Joint Corporate Broker
1st Dec 20225:15 pmRNSHolding(s) in Company
1st Dec 20227:00 amRNSDirector/PDMR Shareholding
30th Nov 20227:00 amRNSDirector/PDMR Shareholding
30th Nov 20227:00 amRNSDirector/PDMR Shareholding
29th Nov 20227:00 amRNSFinal Results for the period ended 30 Sept 2022
24th Nov 202212:05 pmRNSHolding(s) in Company
22nd Nov 20227:00 amRNSNo impact from Electricity Generator Levy
16th Nov 20227:00 amRNSNotice of Results
11th Nov 20227:00 amRNSDividend Declaration
31st Oct 20227:00 amRNSNet Asset Value - 30 September 2022
10th Oct 20223:43 pmRNSHolding(s) in Company
10th Oct 20223:11 pmRNSHolding(s) in Company
6th Oct 20227:16 amRNSVale of Mowbray Uodate
3rd Oct 20222:33 pmRNSDirector/PDMR Shareholding
16th Sep 20225:58 pmRNSDirector/PDMR Shareholding
7th Sep 20227:00 amRNSTransaction Update - Sonne Solar & Recipharm

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