GRESHAM HOUSE ENERGY STORAGE FUND PLC

AGM Information • May 13, 2022

National Storage Mechanism | Additional information

RNS Number : 5131L

Gresham House Energy Storage Fund

13 May 2022

13 May 2022

Gresham House Energy Storage Fund PLC

(the "Company")

Results of the General Meeting

Gresham House Energy Storage Fund PLC (LSE: GRID) announces that at the Company's General Meeting held today, all resolutions were passed on poll and the results of the poll, including the proxy votes received, are set out below.

Resolutions 1 and 2 (inclusive) were proposed as ordinary resolutions and resolution 3 was proposed as a special resolution.

Resolution	Description	Votes For*	% Votes Cast	Votes Against	% Votes Cast	Total Votes Cast (excl. Votes Withheld)	Total votes cast as % of issued share capital	Votes Withheld **
RES:001	ALLOT SHARES	264,256,619	99.99	22,009	0.01	264,278,628	60.36%	116,000
RES:002	INVESTMENT POLICY	264,068,907	99.92	207,710	0.08	264,276,617	60.36%	118,011
RES:003	PRE-EMPTION RIGHTS	263,981,429	99.89	285,356	0.11	264,266,785	60.36%	127,843

* Includes discretionary votes.

** A vote withheld is not a vote in law and is not counted in the calculation of the votes for or against a resolution.

Every shareholder has one vote for every Ordinary Share held. As at close of business on 11 May 2022, the share capital of the Company consisted of 437,842,078 Ordinary Shares with voting rights. The Company does not hold any shares in Treasury.

A summary of these resolutions can be found below:

Ordinary Resolutions

1.     To grant the Company authority to allot Ordinary Shares and C Shares up to an aggregate nominal value of £4,000,000.

2.     To amend the investment policy of the Company as described in the Circular. 

Special Resolution

3.   To disapply pre-emption rights in respect of Ordinary Shares and C Shares up to an aggregate nominal value of £4,000,000.

Terms used in this announcement shall, unless the context otherwise requires, bear the meanings given to them in the Company's circular dated 22 April 2022, which can be found on the Company's website at: https://greshamhouse.com/real-assets/new-energy-sustainable-infrastructure/gresham-house-energy-storage-fund-plc/

ENDS

Further information

Gresham House New Energy Ben Guest	+44 (0) 20 3837 6270
Jefferies International Limited Stuart Klein Gaudi Le Roux Harry Randall	+44 (0)20 7029 8000
KL Communications Charles Gorman Camilla Esmund Alex Hogan	gh@kl-communications.com +44 (0) 20 3995 6699
JTC (UK) Limited as Company Secretary Christopher Gibbons	GHEnergyStorageCoSec@jtcgroup.com  +44 207 409 0181

Gresham House Energy Storage Fund plc seeks to provide investors with an attractive and sustainable dividend over the long term by investing in a diversified portfolio of utility-scale battery energy storage systems (known as BESS) located in Great Britain, Northern Ireland, and the Republic of Ireland. In addition, the Company seeks to provide investors with the prospect of capital growth through the re-investment of net cash generated in excess of the target dividend in accordance with the Company's investment policy.

Gresham House Asset Management is the FCA authorised operating business of Gresham House plc, a London Stock Exchange quoted specialist alternative asset manager. Gresham House is committed to operating responsibly and sustainably, taking the long view in delivering sustainable investment solutions.

www.greshamhouse.com

Definition of Utility-scale battery Storage Systems:

Utility-scale battery storage systems are the enabling infrastructure that will support the continued growth of renewable energy sources such as wind and solar, essential to the UK's stated target to reduce carbon emissions. They store excess energy generated by renewable energy sources and then release that stored energy back into the grid during peak hours when there is increased demand for it. 

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