Renewable Energy Generation Ltd ZDP Timetable (8681O)

TIDMWIND

RNS Number : 8681O

Renewable Energy Generation Ltd

02 June 2015

2 June 2015

Renewable Energy Generation Limited

ZDP Timetable

Renewable Energy Generation Limited (the "Company") notes recent press speculation that the Department of Energy and Climate Change may shortly publish plans to make changes to the Renewables Obligation regime. The Company intends to review its proposed Zero Dividend Preference Share Issue ("ZDP") in light of such plans and consequently there will now be a delay to the Expected Timetable announced on 14 May 2015. The EGM called for 8 June 2015 to obtain shareholder consents in relation to the ZDP issue will be adjourned.

A further announcement, incorporating an updated timetable, will be made in due course.

Capitalised terms used but not defined in this announcement shall, unless the context requires otherwise, have the same meaning as in the Shareholder Circular published on 14 May 2015.

Enquiries:

 
 Renewable Energy Generation Limited 
  Andrew Whalley, Chief Executive 
  Officer 
  David Crockford, Finance Director        +44 (0)1483 
  Ian Lawrence, Communications Manager      901 796 
 
 Cenkos 
  (Placing Agent and Financial Adviser) 
  Sapna Shah                               +44 (0)20 7397 
  Phil Higgs                                8900 
 
 Smith & Williamson Corporate Finance 
  Limited 
  (Nominated Adviser)                      +44 (0)117 
  Martyn Fraser                             376 2213 
 
 St Brides Partners 
  (Public Relations) 
  Felicity Winkles                         +44 (0)20 7236 
  Frank Buhagiar                            1177

Notes to editors

Renewable Energy Generation Ltd (REG) is an AIM listed renewable energy group. Its main business is the development, construction and operation of wind farms and generating power from refined used cooking oil.

REG Windpower: based in Truro, Bath and Guildford, UK, it currently operates 11 wind projects in Cambridgeshire, Cornwall, County Durham, Yorkshire, Lancashire, Cumbria and Gwynedd, with a total capacity of 34.7MW as well as 5 projects on behalf of its partner BlackRock totalling 46MW. REG has around 200MW of projects in the planning system awaiting consent.

REG Bio-Power UK Ltd: based in Nottingham, UK: it operates 26MW of electricity generation plant powered by fuel recovered from used cooking oil.

Headquartered in Jersey, REG was admitted to trading on AIM, a market operated by the London Stock Exchange, in May 2005 (AIM: WIND).

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCSSEFWFFISEFM

Renewable Eng. (LSE:WIND)
Historical Stock Chart
From Jun 2024 to Jul 2024