TIDMBSIF

RNS Number : 4744S

Bluefield Solar Income Fund Limited

16 March 2021

 
  16 March 2021

Bluefield Solar Income Fund Limited

('Bluefield Solar' or the 'Company')

Notification of Transactions of Persons Discharging Managerial Responsibility ("PDMR") and Connected Persons ("PCA")

Bluefield Solar (LON:BSIF), a sterling income fund that invests in UK-based solar assets, has received notification that Mr Anthony Williams, a PDMR of the Company, has sold 1,618,943 Ordinary Shares in the Company.

Details of the transaction can be found in the Notification of Dealing Form below.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
     ------------------------------------------------------------------------------ 
 a)   Name                                   Anthony Williams 
     -------------------------------------  --------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------------ 
 a)   Position/status                        PDMR 
     -------------------------------------  --------------------------------------- 
 b)   Initial notification                   Initial Notification 
       /Amendment 
     -------------------------------------  --------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------------ 
 a)   Name                                   Bluefield Solar Income Fund Limited 
     -------------------------------------  --------------------------------------- 
 b)   LEI                                    2138004ATNLYEQKY4B30 
     -------------------------------------  --------------------------------------- 
 4    Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted 
     ------------------------------------------------------------------------------ 
 a)   Description of the                     Bluefield Solar Income Fund Limited, 
       financial instrument,                  Ordinary Shares 
       type of instrument 
 
       Identification code                    GG00BB0RDB98 
     -------------------------------------  --------------------------------------- 
 b)   Nature of the transaction              Sale of Ordinary Shares 
     -------------------------------------  --------------------------------------- 
 c)   Price(s) and volume(s)                 Price(s)            Volume(s) 
                                              GBP1.31             1,618,943 
     -------------------------------------  ------------------  ------------------- 
 d)   Aggregated information 
       - Aggregated volume                     1,618,943 
       - Price                                 GBP1.31 
       - Principal amount                      GBP2,120,815.33 
     -------------------------------------  --------------------------------------- 
 e)   Date of the transaction                16 March 2021 
     -------------------------------------  --------------------------------------- 
 f)   Place of the transaction               London Stock Exchange, Main Market 
     -------------------------------------  ---------------------------------------

For further information:

 
 Bluefield Partners LLP (Company Investment   Tel: +44 (0) 20 7078 0020 
  Adviser)                                     www.bluefieldllp.com 
  James Armstrong / Neil Wood / Giovanni 
  Terranova 
 Numis Securities Limited (Company Broker)    Tel: +44 (0) 20 7260 1000 
  Tod Davis / David Benda                      www.numis.com 
 Ocorian                                      Tel: +44 (0) 1481 742 742 
  (Company Secretary & Administrator)          www.ocorian.com 
  Kevin Smith 
 Media enquiries: 
  Buchanan (PR Adviser)                        Tel: +44 (0) 20 7466 5000 
  Henry Harrison-Topham / Henry Wilson         www.buchanan.uk.com 
  / Charlotte Slater                           BSIF@buchanan.uk.com

Notes to Editors

About Bluefield Solar

Bluefield Solar is a UK income fund focused, primarily, on acquiring and managing UK-based solar projects to generate renewable energy for periods of typically 25 years or longer. Not less than 75% of the Company's gross assets will be invested into UK solar assets. The Company can also invest up to 25% of its gross assets into onshore wind, hydro and storage technologies. Its primary objective is to deliver to its shareholders stable, long term sterling income via quarterly dividends. The majority of the Group's revenue streams are regulated and non-correlated to the UK energy market. Bluefield Solar owns and operates one of the UK's largest, diversified portfolios of solar assets with a combined installed power capacity in excess of 543 Megawatt peak.

Further information can be viewed at www.bluefieldsif.com

About Bluefield Partners LLP ('Bluefield')

Bluefield Partners was established in 2009 and is an investment adviser to companies and funds investing in renewable energy infrastructure. It has a proven record in the selection, acquisition and supervision of large-scale energy assets in the UK and Europe. The team has been involved in over GBP1.8 billion renewable funds and/or transactions in both the UK and Europe since 2008, including over GBP1.1 billion in the UK since December 2011.

Bluefield Partners has led the acquisitions of, and currently advises on, over 100 UK based solar PV assets that are agriculturally, commercially or industrially situated. Based in its London office, it is supported by a dedicated and highly experienced team of investment, legal and portfolio executives. Bluefield Partners was appointed Investment Adviser to Bluefield Solar in June 2013.

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