Recommencement of TRIG’s share buyback programme

Renewables Infrastructure Grp (The)

12 January 2026

 

               

12 January 2026

The Renewables Infrastructure Group Limited

"TRIG" or "the Company", a London-listed renewables investment company advised by InfraRed Capital Partners ("InfraRed") as Investment Manager and Renewable Energy Systems ("RES") as Operations Manager.

Recommencement of TRIG's share buyback programme

Further to the Company's announcement of 17 November 2025 noting the suspension of the £150m share buyback programme (the "Programme"), the Company will recommence the Programme today¹. 

This announcement does not constitute, or form part of, an offer or solicitation of an offer for securities in any jurisdiction.

Details of the Programme

The Programme will recommence today, 12 January 2026. Under the terms of the Programme, the Company's ordinary shares each of no par value (the "Shares") will be purchased on the London Stock Exchange and/or other trading venues² for subsequent repurchase by the Company. Repurchased Shares will be held in Treasury.

The Programme will be executed under the authority granted by shareholders at the TRIG annual general meeting on 27 June 2025 to acquire up to 362,858,748 Shares, equating to c.14.99% of the issued share capital as at 28 May 2025, being the last practicable date prior to the publication of the 2025 AGM notice.

Pursuant to recommencement of the Programme, the Company has entered into a non-discretionary arrangement with BNP Paribas S.A. and Investec Bank plc, which will enable the purchase of Shares for the Programme to continue through closed periods. Any purchase of shares during a closed period pursuant to the Programme shall be made independently of the Company.

Any purchase of Shares pursuant to the Programme will be announced no later than 07:30 a.m. on the business day following the calendar day on which the purchase occurs.

The Programme will be conducted within certain pre-set parameters, including those prescribed by the Market Abuse Regulation 596/2014 (as it forms part of domestic law by virtue of section 3 of the European Union (Withdrawal) Act 2018 (as amended)) and Chapter 12 of the UK Listing Rules.

There remains £71.7m available under the Programme. There is no guarantee that the Programme will be implemented in full or that any Shares will be bought back by the Company.

¹A new agreement, which runs until 30 June 2026 and can be extended by the parties on mutual agreement, for the share buyback has been entered into by TRIG on 9 January 2026

²Other trading venues: CBOE-BXE, CBOE-CXE, Aquis and Turquoise

Enquiries

InfraRed Capital Partners Limited                     [phone]
Minesh Shah

Phil George

Mohammed Zaheer

Brunswick                                                             [phone] / [e-mail]

Diana Vaughton

Peter Hesse

Investec Bank Plc                                                 [phone]

Lucy Lewis

Tom Skinner

BNP Paribas                                                          [phone]

Virginia Khoo

Carwyn Evans

 

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