Dividend Delay and Adjournment of General Meeting

Gresham House Renewable EnergyVCT1

19 August 2026

 

19 August 2026

GRESHAM HOUSE RENEWABLE ENERGY VCT 1 PLC

(the "Company" or "VCT 1")

Delay of Dividend Payment and Adjournment of General Meeting

Further to the announcement made by Gresham House Renewable Energy VCT 1 plc (the "Company") on 23 July 2026 in relation to the announcement of an interim dividend of 17.0 pence per Ordinary Share (the "Interim Dividend"), payment of the Interim Dividend, previously scheduled for 21 August 2026, will be delayed.

Dividend Payment Date

As noted in the 23 July 2026 announcement, payment of the Interim Dividend is, in accordance with the Companies Act 2006, subject to the unaudited accounts required to support distributable reserves being filed with the Registrar of Companies. Unfortunately, those accounts are not yet showing as having been accepted for filing on Companies House and the Board does not anticipate resolution of this issue before the original dividend payment date of 21 August 2026. This delay was caused by having to refile the accounts.

Accordingly, the Board has decided to defer payment of the Interim Dividend until confirmation of the filing position has been confirmed by Companies House.

Adjournment of General Meeting

In addition, for various reasons (including VCT status considerations and matters relating to the liquidation process) the intention was always to ensure the Interim Dividend was paid prior to the Company's entry into members' voluntary liquidation (the detailed proposals in respect of which were announced on 5 August 2026). The general meeting to approve the entry into members' voluntary liquidation was intended to be held on 2 September 2026.

However, given the decision to defer payment of the Interim Dividend, the Board has considered and intends to adjourn the general meeting which was originally convened for 2 September 2026. Accordingly, at the general meeting on 2 September 2026, the only business to be dealt with will therefore be to adjourn the meeting to the time, date and location set out below. Accordingly, the Board recommends that the Company's shareholders do not attend the general meeting convened for 2 September 2026.

Revised Timetable

Please see below the revised timetable in relation to payment of the Interim Dividend and the adjourned general meeting.

Ex-dividend date:	30 July 2026
Record date:	31 July 2026
Dividend payment date:	25 September 2026
Adjourned General Meeting:	12.00 p.m. on 28 September 2026 at the offices of JTC (UK) Limited, The Scalpel, 18th Floor, 52 Lime Street, London EC3M 7AF.
Proxy Deadline:	Following the adjournment of the general meeting, the new deadline for submission of proxy appointments to the Company's registrar will be 12.00 p.m. on 24 September 2026.  Valid proxy appointments already submitted will remain valid for the adjourned general meeting unless revoked or superseded by a new valid proxy appointment.

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For further information, please contact:

Gresham House Asset Management Investor Relations	[e-mail] Tel: [phone]
JTC (UK) Limited Company Secretary	[e-mail]   Tel: [phone]

LEI: 213800IVQHJXUQBAAC06

ISIN: GB00B4M2G812 and GB00B4L13999

TIDM: GV1O and GV1A

The information contained within this announcement is considered by the Company to constitute inside information as stipulated under the UK Market Abuse Regulation. Upon the publication of this announcement via a Regulatory Information Service, this inside information will be considered to be in the public domain. The person responsible for arranging for the release of this announcement on behalf of the Company is Ruth Wright (JTC (UK) Limited).

 

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