Allotment of Scrip Dividend Shares

RNS Number : 2553E

Bluefield Solar Income Fund Limited

07 April 2014

 



7 April 2014

BLUEFIELD SOLAR INCOME FUND LIMITED

ALLOTMENT OF SCRIP DIVIDEND SHARES

The Board of Bluefield Solar Income Fund Limited ("BSIF Ltd" or the "Company") wish to confirm the following in respect of the scrip dividend:

Dividend period:	12 July 2013 - 31 December 2013
Dividend amount per share:	2.0 pence
Scrip dividend price per share:	101.975 pence
Payment date/Allotment of scrip:	11 April 2014
Number of new shares issued:	107,685
Total number of BSIF Ltd shares in issue at 28 February 2014:	143,318,999

As a result of the issue of equity set out above, the Company's issued share capital consists of 143,426,684 Ordinary shares.

Application has been made for 107,685 new Ordinary shares of no par value to be admitted to the premium segment of the Official List and to trading on the Main Market of the London Stock Exchange. It is expected that dealings in the new shares will commence at 8.00 a.m. on Friday, 11 April 2014.

Enquiries:

James Armstrong / Mike Rand / Giovanni Terranova

Bluefield Partners LLP - Company Investment Adviser

Tel: [phone]

Tod Davis / David Benda

Numis Securities Limited - Company Broker

Tel: [phone]

Kevin Smith

Heritage International Fund Managers Limited - Company Secretary & Administrator

Tel: [phone]

Note to editors

About Bluefield Solar Income Fund Limited (BSIF)

BSIF is a Guernsey-registered investment company focusing on large scale agricultural and industrial solar assets. It raised gross proceeds of £130 million in July 2013 through an initial public offering of shares on the main market of the London Stock Exchange. It raised a further £13 million in February, 2014 in an oversubscribed placement.

BSIF seeks to provide shareholders with an attractive return, principally in the form of semi-annual income distributions, by investing in a diversified portfolio of solar energy assets, each located within the UK, with a focus on utility scale assets and portfolios on greenfield, industrial and/or commercial sites.

About Bluefield Partners LLP (Bluefield)

Bluefield was established in 2009 as a specialist investor into solar energy. Bluefield's team has a proven track record in the selection, acquisition and management of large scale energy and infrastructure assets in the UK and Europe.

The managing partners have been involved in over £350 million of solar photovoltaic funds and/or transactions in both the UK and Europe since 2008, including over £185 million in the UK since December 2011. Bluefield has led the acquisitions, and currently advises on, over 50 UK based solar assets.

Bluefield was appointed Investment Adviser to the Company in June 2013.

 

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