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TRIPLE POINT ENERGY TRANSITION PLC

Share Issue/Capital Change Oct 19, 2020

5045_rf_2020-10-19_f5cebba0-38b4-4e51-894b-3ddb4a1324f8.html

Share Issue/Capital Change

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National Storage Mechanism | Additional information

RNS Number : 3981C

Triple Point Energy Efficiency

19 October 2020

LEI: 213800UDP142E67X9X28

NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR TO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE PUBLICATION, DISTRIBUTION OR RELEASE OF THIS ANNOUNCEMENT WOULD BE UNLAWFUL. PLEASE SEE THE SECTION ENTITLED "DISCLAIMER" TOWARDS THE END OF THIS ANNOUNCEMENT.

19 October 2020

Triple Point Energy Efficiency Infrastructure Company plc

("TEEC" or the "Company")

First Day of Dealings

Further to the announcement on 14 October 2020, the Company is pleased to announce that 100 million ordinary shares (the "Ordinary Shares") will be admitted to trading on the Specialist Fund Segment of the Main Market of the London Stock Exchange at 8.00 a.m. today ("Admission"). The Ordinary Shares will trade under the ticker: TEEC (ISIN: GB00BMCBZL07).

The total number of Ordinary Shares in the Company in issue immediately following Admission is 100,000,000 each with equal voting rights. This total voting rights figure can be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in the Company under the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority.

On Admission, the Investment Manager, principally via Perihelion One Limited (a company within the Triple Point Group), will hold 500,001 Ordinary Shares, representing 0.5 per cent. of the Ordinary Shares in issue. All of the non-executive directors of the Company have subscribed for Ordinary Shares at the Issue Price, totalling 130,000 Ordinary Shares in aggregate.

Any capitalised terms used in this announcement and not otherwise defined shall have the same meanings as set out in the Prospectus.

For further information, please contact:

Triple Point Investment Management LLP

Jonathan Parr

Charles Herriott
(via FTI below)
Akur Limited (Joint Financial Adviser)

Tom Frost

Anthony Richardson

Siobhan Sergeant
020 7493 3631
RBC Capital Markets (Joint Financial Adviser and Sole Global Coordinator and Bookrunner)

Matthew Coakes

Duncan Smith

Jill Li

Max Avison
020 7653 4000
Winterflood Securities (Co-Lead Manager)

Darren Willis

Andrew Marshall

Innes Urquhart

Neil Langford
020 3100 0000
FTI Consulting

Ed Berry

Mitch Barltrop
07703 330 199

07807 296 032

Further information on the Company can be found on its website: www.tpenergyefficiency.com.

NOTES:

The Company is a newly incorporated investment trust which will invest exclusively in a diversified portfolio of Energy Efficiency assets in the UK, which have a positive environmental impact and which facilitate the transition to a low carbon economy in accordance with the UK government's overall environmental targets. The Company's investments will focus on the core sectors of: low carbon heat distribution; social housing retrofit and industrial energy efficiency; and distributed generation.

The Investment Manager is Triple Point Investment Management LLP ("Triple Point") which is authorised and regulated by the Financial Conduct Authority. Triple Point manages private, institutional and public capital, and has a proven track record of investment in Energy Efficiency and decentralised energy generation projects. In 2018, Triple Point was appointed as the Delivery Partner to BEIS, a department of the UK government, to deliver the £320 million Heat Networks Investment Project ("HNIP").

The Company will be admitted to trading on the Specialist Fund Segment of the Main Market of the London Stock Exchange on 19 October 2020 and will be awarded the London Stock Exchange's Green Economy Mark from admission.

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 [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

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