Ecofin US Renewables Infrastr.Trust Reduction of share premium account (4904W)
April 23 2021 - 10:35AM
UK Regulatory
TIDMRNEW
RNS Number : 4904W
Ecofin US Renewables Infrastr.Trust
23 April 2021
23 April 2021
ECOFIN U.S. RENEWABLES INFRASTRUCTURE TRUST PLC
(the "Company")
Reduction of share premium account
As stated in the Company's prospectus dated 11 November 2020
(the "Prospectus"), in order to increase the distributable reserves
available to facilitate the payment of future distributions, the
Company resolved that, conditional upon Admission and the approval
of the Court, the amount standing to the credit of the share
premium account of the Company immediately following Admission be
cancelled and credited to a special distributable reserve.
The Company is pleased to announce that, following the approval
of the Court and the subsequent registration of the Court order
with the Registrar of Companies, the reduction became effective.
Accordingly, the amount of $121,250,000 previously held in the
share premium account has been cancelled and will be credited to a
special distributable reserve.
Capitalised terms used but not defined shall have the meanings
given to them in the Prospectus.
For further information, please contact: Ecofin Advisors, LLC (Investment Manager)
Jerry Polacek
Matthew Ordway
Prashanth Prakash +1 913 981 1020
Stifel (Corporate Broker)
Mark Bloomfield
Nick Donovan
Maarten Freeriks +44 207 710 7600
PraxisIFM Fund Services (UK) Limited (Company
Secretary) +44 204 513 9260
Further information on the Company can be found on its website
at https://uk.ecofininvest.com/funds/us-renewables-infrastructure-trust-plc/.
The Company's LEI is 2138004JUQUL9VKQWD21.
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 rns@lseg.com 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
MSCFLFVSSSIVFIL
(END) Dow Jones Newswires
April 23, 2021 10:35 ET (14:35 GMT)
Ecofin U.s. Renewables I... (LSE:RNEW)
Historical Stock Chart
From Apr 2024 to May 2024
Ecofin U.s. Renewables I... (LSE:RNEW)
Historical Stock Chart
From May 2023 to May 2024