TIDMTRIG

RNS Number : 4027X

Renewables Infrastructure Grp (The)

23 November 2017

23 November 2017

The Renewables Infrastructure Group Limited (the "Company")

Scrip Share Reference Price

The reference price of a new Ordinary Share under the Company's scrip dividend alternative for the third quarterly interim dividend for the financial year ending 31 December 2017 (the "Q3 Dividend") has been set at 104.16p. This is the average of the middle market prices of the Company's shares derived from the London Stock Exchange Daily Official List for the ex-dividend date and the four subsequent dealing days.

Further details of the scrip dividend alternative to the Q3 Dividend can be found in the Scrip Dividend Circular 2017 (the "Scrip Circular") available on the Company's website to view and/or download at: www.trig-ltd.com in the Investor Relations, 'Reports & Publications', 'Circulars' section. It is also available from the National Storage Mechanism website (www.morningstar.co.uk/uk/NSM).

If all Shareholders were to decide to receive the Q3 Dividend of 1.60p per share in cash (ignoring any dividend waivers), the total cash dividend payable by the Company would be approximately GBP15.13m.

If all Shareholders were to elect to receive Scrip Shares instead of cash in respect of their entire holdings, approximately 14.53 million Scrip Shares would be issued based on the reference price (ignoring any dividend waivers and any rounding down in respect of fractions), representing approximately 1.54% of the issued Ordinary Share capital of the Company as at today's date.

The Q3 Dividend payment date and the date for admission and dealing of the new Ordinary Shares to be issued pursuant to the scrip dividend alternative is expected to be 29 December 2017.

For further information, please contact:

Enquiries

 
 Aztec Financial Services 
  (Guernsey) Limited 
  Chris Copperwaite 
  Jacques Colley              +44 (0)1481 748831 
 InfraRed Capital Partners 
  Limited 
  Richard Crawford 
  Matt Dimond                 +44 (0) 20 7484 1800 
 Tulchan Communications 
  Martin Pengelley 
  Latika Shah                 +44 (0) 20 7353 4200 
 Canaccord Genuity Limited 
  Andrew Zychowski 
  Lucy Lewis                  +44 (0) 20 7523 8000 
 Liberum Capital Limited 
  Steve Pearce 
  Chris Clarke                +44 (0) 20 3100 2000

This information is provided by RNS

The company news service from the London Stock Exchange

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(END) Dow Jones Newswires

November 23, 2017 11:59 ET (16:59 GMT)

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