GRESHAM HOUSE RENEWABLE ENERGY VCT 1 PLC

Notice of Dividend Amount • Dec 24, 2021

National Storage Mechanism | Additional information

RNS Number : 7864W

Gresham House Renewable EnergyVCT1

24 December 2021

24 December 2021

Gresham House Renewable Energy VCT 1 PLC

Dividend Announcement and Exclusivity reached on Asset Sales process

As announced on 13 July 2021, Gresham House Renewable Energy VCT 1 PLC has entered Managed Wind-Down (as defined and described in the circular to Shareholders dated 17 June 2021).  As part of this Managed-Wind Down process, the Board has undertaken an asset sales process (the "Sales Process") which has been progressing during H2 2021. The Sales Process has now reached exclusivity with a single bidder and is expected to complete in early 2022.

Due to this ongoing Sales Process, the Board announces that no dividend will be declared at the present time. The Board intends to declare a dividend following the completion of the Sales Process to include a substantial portion of the sales proceeds.

LEI: 213800IVQHJXUQBAAC06

For further information, please contact:

Gresham House Asset Management Tania Hayes	t.hayes@greshamhouse.com Tel: 020 3875 9860
KL Communications Camilla Esmund / Charles Gorman / Alex Hogan	gh@kl-communications.com Tel: +44 (0) 203 995 6699
JTC (UK) Limited - Company Secretary Christopher Gibbons	GreshamVCTs@jtcgroup.com Tel: 44 203 846 9774

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