RNS Number : 7460W

Renewables Infrastructure Grp (The)

20 August 2020

20 August 2020

The Renewables Infrastructure Group Limited (the "Company")

Scrip Share Reference Price

The reference price of a new Ordinary Share under the Company's scrip dividend alternative for the second quarterly interim dividend for the financial year ending 31 December 2020 (the "Q2 Dividend") has been set at 132.64p. This is the average of the middle market prices of the Company's shares derived from the London Stock Exchange Daily Official List for the ex-dividend date and the four subsequent dealing days.

Further details of the scrip dividend alternative to the Q2 Dividend can be found in the Scrip Dividend Circular 2020 (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. It is also available from the National Storage Mechanism website (https://data.fca.org.uk/#/nsm/nationalstoragemechanism).

If all eligible Shareholders were to decide to receive the Q2 Dividend of 1.69p per share in cash (ignoring any dividend waivers), the total cash dividend payable by the Company would be approximately GBP29.38m.

If all eligible Shareholders were to elect to receive Scrip Shares instead of cash in respect of their entire holdings, approximately 22.15 million Scrip Shares would be issued based on the reference price (ignoring any dividend waivers and any rounding down in respect of fractions), representing approximately 1.27% of the issued Ordinary Share capital of the Company as at today's date.

The Q2 Dividend payment date and the date for admission and dealing of the new Ordinary Shares to be issued pursuant to the scrip dividend alternative is expected to be 30 September 2020.

For further information, please contact:


 Aztec Financial Services (Guernsey) 
  Chris Copperwaite 
  Laura Dunning                         +44 (0)1481 748831 
 InfraRed Capital Partners Limited 
  Richard Crawford 
  Phil George                           +44 (0) 20 7484 1800 
  James Isola 
  Zara de Belder                        +44 (0) 20 7379 5151 
 Investec Bank Plc 
  Lucy Lewis 
  Denis Flanagan                        +44 (0) 20 7597 5661 
 Liberum Capital Limited 
  Chris Clarke 
  Gillian Martin                        +44 (0) 20 3100 2000 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.



(END) Dow Jones Newswires

August 20, 2020 09:33 ET (13:33 GMT)

The Renewables Infrastru... (LSE:TRIG)
Gráfica de Acción Histórica
De Sep 2020 a Oct 2020 Haga Click aquí para más Gráficas The Renewables Infrastru....
The Renewables Infrastru... (LSE:TRIG)
Gráfica de Acción Histórica
De Oct 2019 a Oct 2020 Haga Click aquí para más Gráficas The Renewables Infrastru....