AI Terminal
GRESHAM HOUSE RENEWABLE ENERGY VCT 1 PLC
Notice of Dividend Amount • Dec 2, 2024
4891_bfr_2024-12-02_cbeedda3-0be6-40c0-b66b-7e87b88c9b70.html
Notice of Dividend Amount
Open in ViewerOpens in native device viewer
National Storage Mechanism | Additional information 
RNS Number : 3168O
Gresham House Renewable EnergyVCT1
02 December 2024
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK'S MARKET ABUSE REGULATION. UPON THE PUBLICATION OF THIS ANNOUNCEMENT, SUCH INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.
2 December 2024
GRESHAM HOUSE RENEWABLE ENERGY VCT 1 PLC
(the "Company")
Company Update including Sale of Remaining Assets and Dividend
Following the Company's announcement dated 27 September 2024, the Board continues to progress the sale of the Company's remaining assets.
The net sales proceeds for these assets are expected to be 20% to 25% lower than the net asset value reported as at 31 March 2024. A further detailed announcement will be made at the time of sale or when the Annual Report for the year ended 30 September 2024 is published at the end of January 2025, whichever is earlier.
The Company will not pay a dividend in 2024. The Board intends to declare an interim dividend as soon as possible following the sale, the timing of which is uncertain.
END
For further information, please contact:
| Gresham House Asset Management Investor Relations |
[email protected] Tel: 020 3875 9860 |
| JTC (UK) Limited Company Secretary |
[email protected] Tel: 020 3846 9774 |
LEI: 213800IVQHJXUQBAAC06
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.
END
UPDKZMGZLMZGDZM