Update on Sale of Remaining Assets and Dividend
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK'S MARKET ABUSE REGULATION. UPON THE PUBLICATION OF THIS ANNOUNCEMENT, SUCH INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.
2 December 2024
GRESHAM HOUSE RENEWABLE ENERGY VCT 2 PLC
(the "Company")
Company Update including Sale of Remaining Assets and Dividend
Following the Company's announcement dated 27 September 2024, the Board continues to progress the sale of the Company's remaining assets.
The net sales proceeds for these assets are expected to be 20% to 25% lower than the net asset value reported as at 31 March 2024. A further detailed announcement will be made at the time of sale or when the Annual Report for the year ended 30 September 2024 is published at the end of January 2025, whichever is earlier.
The Company will not pay a dividend in 2024. The Board intends to declare an interim dividend as soon as possible following the sale, the timing of which is uncertain.
END
For further information, please contact:
Gresham House Asset Management | [email protected] |
| |
JTC (UK) Limited | [email protected] |
LEI: 213800GQ3JQE2M214C75
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.