Change of AIFM

RNS Number : 7204Y

Gore Street Energy Storage Fund PLC

03 January 2020

 

3 January 2020

Gore Street Energy Storage Fund plc ("GSF" or the "Company")

Change of AIFM

Gore Street, London's first listed energy storage fund investing in assets in the UK, Ireland and internationally confirms that with effect from 1 January 2020 and as advised in the Company's IPO Prospectus, Gore Street Capital has been appointed as the Company's alternative investment fund manager ("AIFM"). As a result, the Company's existing agreement with Mirabella Fund Services Limited has been terminated.

The Company has entered a new management agreement with the AIFM with the same commercial terms as the existing agreement.

As a result of the new AIFM appointment, there will be a 16 percent reduction in fees paid by the Company for this service.

The Legal Entity Identifier of the Company is 213800GPUNVGG81G4O21.

For further information:

Gore Street Capital Limited
Alex O'Cinneide	Tel: [phone]
Shore Capital
Anita Ghanekar / Hugo Masefield (Corporate Finance) Henry Willcocks / Fiona Conroy (Corporate Broking)	Tel: [phone]

Media enquiries:

Buchanan
Charles Ryland / Steph Watson / Henry Wilson	Tel: [phone]
	Email: [e-mail]

JTC (U.K.) Limited, Company Secretary                                  Tel: [phone]

Notes to Editors

About Gore Street Energy Storage Fund plc

Gore Street is London's first listed energy storage fund and seeks to provide shareholders with a significant opportunity to invest in a diversified portfolio of utility scale energy storage projects. In addition to growth through exploiting its considerable pipeline, the Company aims to deliver consistent and robust dividend yield as income distributions to its shareholders.

 

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