Director/PDMR Shareholding

RNS Number : 7587D

Renewables Infrastructure Grp (The)

02 April 2014

 



2 April 2014

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO, THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA.

THE RENEWABLES INFRASTRUCTURE GROUP LIMITED

ADMISSION TO THE OFFICIAL LIST AND TO TRADING ON THE MAIN MARKET AND PDMR SHAREHOLDINGS

Further to the announcement on 10 March 2014 in relation to Placing, Open Offer and Offer for Subscription of C Shares, The Renewables Infrastructure Group Limited (the "Company") is pleased to announce that 66,154,395 C Shares have today been admitted to the premium segment of the Official List and to trading on the London Stock Exchange's Main Market for listed securities ("Admission").  The Company's ticker symbol for C shares is TRGC.

In accordance with DTR 3.1.2R, on Admission the beneficial interests of the Directors in the issued share capital of the Company were as follows:

Director	Number of C Shares acquired pursuant to the Placing, Open Offer and Offer for Subscription, (% of issued C Shares capital)	Total Number of Ordinary Shares held (% of issued Ordinary Shares capital)
Helen Mahy	11,250                   (0.017%)	46,104                   (0.015%)
Jon Bridel (including Shares acquired by his spouse)	5,000                      (0.008%)	10,000                   (0.003%)
Klaus Hammer	5,000                      (0.008%)	0                              (0.000%)
Shelagh Mason (including Shares acquired for her retirement annuity trust scheme)	5,000                      (0.008%)	0                              (0.000%)

In accordance with DTR 3.1.2R, on Admission the beneficial interests of the senior executives of the Investment Manager with day-to-day management responsibility in connection with services provided to the Group (being the Company and its wholly owned corporate subsidiaries) were as follows:

Executive	Number of C Shares acquired pursuant to the Placing, Open Offer and Offer for Subscription, (% of issued C Shares capital)	Total Number of Ordinary Shares held (% of issued Ordinary Shares capital)
Richard Crawford	0                              (0.000%)	102,454                 (0.033%)
Chris Gill	0                              (0.000%)	102,454                 (0.033%)
Werner von Guionneau	0                              (0.000%)	500,000                 (0.160%)
Tony Roper (including Shares acquired by his spouse)	25,000                   (0.038%)	51,227                   (0.016%)
James Hall-Smith (including Shares acquired by his spouse)	25,000                   (0.038%)	102,454                 (0.033%)

In accordance with DTR 3.1.2R, on Admission the beneficial interests of the senior executives of the Operations Manager with day-to-day management responsibility in connection with services provided to the Group were as follows:

Executive	Number of C Shares acquired pursuant to the Placing, Open Offer and Offer for Subscription, (% of issued C Shares capital)	Total Number of Ordinary Shares held (% of issued Ordinary Shares capital)
Jaz Bains	5,000                      (0.008%)	20,490                   (0.007%)
Dominic Hearth (including Shares acquired by his spouse)	0                              (0.000%)	30,736                   (0.010%)
Miles Shelley (including Shares acquired by his spouse)	18,750                   (0.028%)	76,840                   (0.025%)

All of the transactions listed above involved the issue of C Shares by the Company to the relevant subscriber at a price of 100.00p per C Share.

The C Shares do not carry the right to receive notice of, or to attend or vote at, any general meeting of the Company.  The total number of voting rights in the Company is 311,558,687. Shareholders may use this figure as the denominator for the calculations by which they determine whether they are required to notify their interest, or a change to their interest, in the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

For further information, please contact:

Dexion Capital (Guernsey) Limited                                01481 743 940

Christopher Copperwaite

 

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