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74.50    -0.40 (-0.53%)
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Market Cap: £1.75b
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Dividend Declaration

6 Aug 2024 11:16

RNS Number : 3841Z
Renewables Infrastructure Grp (The)
06 August 2024
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6 August 2024

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The Renewables Infrastructure Group Limited

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Interim Dividend

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The Renewables Infrastructure Group Limited (the "Company") is pleased to announce the second quarterly interim dividend in respect of the three month period to 30 June 2024 of 1.8675 pence per ordinary share (the "Q2 Dividend"). The shares will go ex-dividend on 15 August 2024 and the Q2 Dividend will be paid on 30 September 2024 to shareholders on the register as at the close of business on 16 August 2024.

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In accordance with the terms and conditions of the Scrip Dividend Alternative and the Directors' power to cancel the Scrip Dividend Alternative where a change in market conditions might, in the reasonable opinion of the Directors, render the Scrip Dividend Alternative materially detrimental to those Shareholders electing for it, the Board has decided to cancel the Scrip Dividend Alternative in respect of the Q2 Dividend due to the Company's Ordinary Shares currently trading at a larger than 10% discount to the published Net Asset Value ("NAV"). Accordingly, Shareholders will receive the Q2 Dividend in cash and, should they so wish, can choose to apply the cash dividend in acquiring Ordinary Shares in the secondary market.

Capitalised terms shall have the meanings given to them in the Scrip Dividend Circular 2024 (the "Scrip Circular") available on the Company's website to view and/or download at: www.trig-ltd.com in the Investor Relations, 'Reports & Publications', 'Circulars' section. The Scrip Circular is also available from the National Storage Mechanism website (https://data.fca.org.uk/#/nsm/nationalstoragemechanism)

The Board expects to re-instate the scrip dividend alternative in respect of future quarterly dividends, subject to an assessment of the relevant prices and a determination that a re-instatement of the scrip dividend alternative would be for the benefit of the Company's shareholders as a whole.

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For further information, please contact:

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Aztec Financial Services (Guernsey) Limited

Chris Copperwaite

Laura Dunning

+44 (0)1481 749700

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InfraRed Capital Partners Limited

Richard Crawford

Phil George

+44 (0) 20 7484 1800

Brunswick

Mara James

+44 (0) 20 7404 5959

Investec Bank Plc

Ā Lucy Lewis

Denis Flanagan

+44 (0) 20 7597 5661

BNP Paribas

Virginia Khoo

Carwyn Evans

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+44 (0) 20 7595 9444

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DIVUPUAGRUPCGUQ
Date   Source Headline
19th Feb 20197:00 amRNSAnnouncement of Final Results
12th Feb 20195:14 pmRNSAnnouncement by TRIG's co-investor
7th Feb 201910:00 amRNSDividend Declaration
2nd Jan 20197:00 amRNSTotal Voting Rights
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10th Dec 201812:55 pmRNSIssue of Equity
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16th Nov 201811:41 amRNSResult of Equity Issue
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12th Nov 20187:00 amRNSProposed Issue of Equity
9th Nov 201811:22 amRNSResult of Extraordinary General Meeting
31st Oct 20181:00 pmRNSDividend Declaration
22nd Oct 20187:00 amRNSCircular, NAV update and potential issue of equity
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1st Oct 20185:00 pmRNSHolding(s) in Company
28th Sep 20185:00 pmRNSTotal Voting Rights
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31st Aug 201812:00 pmRNSTotal Voting Rights
23rd Aug 20182:43 pmRNSScrip Share Reference Price
16th Aug 201812:25 pmRNSHolding(s) in Company
8th Aug 20184:29 pmRNSIssue of Equity
8th Aug 20183:42 pmRNSDirector/PDMR Shareholding
8th Aug 20187:00 amRNSAnnouncement of Interim Results
2nd Aug 20181:38 pmRNSDividend Declaration
1st Aug 201810:22 amRNSPress Speculation
31st Jul 20184:00 pmRNSTotal Voting Rights
18th Jul 20184:03 pmRNSIssue of Equity
13th Jul 20189:07 amRNSAnnouncement by TRIG's co-investor
6th Jul 201811:23 amRNSResult of Issue
4th Jul 20183:30 pmRNSDirector/PDMR Shareholding
2nd Jul 20188:30 amRNSTotal Voting Rights
28th Jun 20187:00 amRNSProposed issue of equity and NAV update
18th Jun 201812:14 pmRNSIssue of Equity
18th Jun 20187:00 amRNSAcquisition of Solwaybank onshore wind farm
8th Jun 20182:35 pmRNSIssue of Equity
5th Jun 20187:00 amRNSAcquisition of two onshore wind farms in France
31st May 20184:00 pmRNSTotal Voting Rights
24th May 20185:10 pmRNSScrip Share Reference Price
23rd May 201811:19 amRNSEU GDPR Data Privacy Notices
21st May 201812:53 pmRNSIssue of Equity
10th May 20184:00 pmRNSResult of AGM
10th May 20184:00 pmRNSDividend Declaration
8th May 20184:47 pmRNSAnnouncement by TRIG's co-investor
1st May 201811:41 amRNSIssue of Equity
30th Apr 20182:27 pmRNSTotal Voting Rights
18th Apr 20184:04 pmRNSIssue of Equity

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