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Share Price Information for Renewables Infrastructure Group (TRIG)

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74.50    -0.40 (-0.53%)
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Spread: 0.10 (0.134%)
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
31st Mar 20174:30 pmRNSScrip Dividend Circular
30th Mar 20171:20 pmRNSResult of Equity Issue
29th Mar 20174:08 pmRNSIssue of Equity
27th Mar 20174:00 pmRNSDirector/PDMR Shareholding
27th Mar 201710:13 amRNSIssue of Equity
23rd Mar 20174:00 pmRNSDirector/PDMR Shareholding
23rd Mar 20177:00 amRNSUpdate on Acquisition Pipeline & Proposed Placing
15th Mar 20174:45 pmRNSHolding(s) in Company
13th Mar 20175:32 pmRNSTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
10th Mar 20174:47 pmRNSHolding(s) in Company
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23rd Feb 20174:03 pmRNSScrip Share Reference Price
23rd Feb 20171:00 pmRNSPublication of Supplementary Prospectus
22nd Feb 20175:34 pmRNSDirector Declaration - Additonal Directorship
22nd Feb 20177:00 amRNSHolding(s) in Company
21st Feb 20177:00 amRNSAnnouncement of Final Results
20th Feb 20174:45 pmRNSTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
8th Feb 201710:51 amRNSDividend Declaration
10th Jan 20173:00 pmRNSDirector/PDMR Shareholding
4th Jan 20174:00 pmRNSDirector/PDMR Shareholding
30th Dec 20164:00 pmRNSTotal Voting Rights
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25th Oct 20163:56 pmRNSHolding(s) in Company
4th Oct 20164:52 pmRNSHolding(s) in Company
4th Oct 20164:30 pmRNSDirector/PDMR Shareholding
30th Sep 20163:00 pmRNSTotal Voting Rights
30th Sep 20162:02 pmRNSHolding(s) in Company
26th Sep 20163:20 pmRNSIssue of Equity
23rd Sep 20162:47 pmRNSResult of Issue
14th Sep 20168:35 amRNSProposed Placing and Acquisition
25th Aug 201612:22 pmRNSScrip Share Reference Price
18th Aug 20165:45 pmRNSPublication of Supplementary Prospectus
18th Aug 20167:00 amRNSAnnouncement of Interim Results
29th Jul 20167:00 amRNSQ2 2016 Interim Dividend
15th Jul 20164:30 pmRNSChange of Administrator & Notice of Interim Result
11th Jul 20167:00 amRNSAcquisition of a 51% interest in a French solar..
5th Jul 20164:00 pmRNSDirector/PDMR Shareholding
1st Jul 20164:18 pmRNSHolding(s) in Company
30th Jun 20165:00 pmRNSTotal Voting Rights
21st Jun 201612:00 pmRNSIssue of Ordinary Shares
3rd Jun 20162:06 pmRNSScrip Share Reference Price
2nd Jun 20163:20 pmRNSHolding(s) in Company
26th May 20164:15 pmRNSScrip Dividend Circular
20th May 20164:10 pmRNSTotal Voting Rights
20th May 20164:05 pmRNSDirector/PDMR Shareholding

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