Dividend Declaration

RNS Number : 8892N

Atrato Onsite Energy PLC

26 January 2023

 

26 January 2023

LEI: 213800IE1PPREDIIZB62

Atrato Onsite Energy plc

(the "Company")

Dividend declaration

Atrato Onsite Energy plc (LSE: ROOF), the renewables investment trust focusing on clean energy generation, today declares an interim dividend of 1.26 pence per Ordinary Share in respect of the period from 1 October 2022 to 31 December 2022 as scheduled below:

Ex-dividend date	2 February 2023
Record date	3 February 2023
Payment date	24 February 2023

The Company is targeting an annualised dividend of five pence per Ordinary Share for its second financial year as set out at IPO.

ENQUIRIES

Atrato Partners Gurpreet Gujral Francisca Wiggins Christopher Fearon	[phone]
Alvarium Securities Mark Thompson  Eddie Nissen  Oliver Kenyon	[phone] [phone] [phone]
Berenberg Gillian Martin Ben Wright Dan Gee-Summons	[phone]
Kaso Legg Communications Charles Gorman Millie Steyn	[e-mail] [phone] [phone]

Notes to Editors

Atrato Onsite Energy plc (LSE: ROOF) is an investment company focused on green energy generation, providing new renewable energy capacity with 100% carbon traceability to industrial and commercial counterparties. The Company focuses on UK commercial onsite solar, helping its corporate clients achieve net zero and reduce their energy bills. It raised £150 million in a significantly oversubscribed IPO in November 2021. Atrato Onsite Energy plc provides investors with attractive capital growth and secure, index-linked income, targeting a 5% dividend yield and a total shareholder return of 8 - 10%⁽¹⁾. Its shares were admitted to trading on the premium segment of the Main Market of the London Stock Exchange on 23 November 2021. Atrato Partners Limited is the Company's investment adviser.

Further information is available on the Company's website, www.atratoroof.com.

(1) The target dividend set out above is a target and is not a profit forecast. There can be no assurance that this target can or will be met. This target has been developed based upon assumptions with respect to future business decisions and conditions that are subject to change, including the Company's execution of its investment objective and strategies, as well as growth in the sector and markets in which the Company operates. As a result, the Company's actual results may vary from the targets set out above and those variations may be material. The target dividend yield reflects the IPO price of 100 pence per Ordinary Share.

 

END

 

 

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