Gresham House Renewable EnergyVCT1 Update on Sale of Remaining Assets and Dividend
02 Dicembre 2024 - 8:00AM
RNS Regulatory News
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
|
renewablevcts@greshamhouse.com Tel: 020 3875 9860
|
|
|
JTC (UK)
Limited Company Secretary
|
GreshamVCTs@jtcgroup.com
Tel: 020 3846 9774
|
LEI: 213800IVQHJXUQBAAC06
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END
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