RNS Number : 6413W
Atrato Onsite Energy PLC
19 April 2023
 

19 April 2023

LEI: 213800IE1PPREDIIZB62

 

Atrato Onsite Energy plc

(the "Company")

 

Dividend declaration

 

Atrato Onsite Energy plc (LSE: ROOF), the investment company focusing on clean energy generation, declares an interim dividend of 1.23 pence per Ordinary Share in respect of the period from 1 January 2023 to 31 March 2023 as scheduled below:

Ex-dividend date

27 April 2023

Record date

28 April 2023

Payment date

26 May 2023

 

The Company is targeting an annualised dividend of five pence per Ordinary Share for its second financial year as set out at IPO.

 

 

ENQUIRIES

 

Atrato Partners

Gurpreet Gujral

Christopher Fearon

 

+44 (0)77 959 75560

Berenberg

Gillian Martin

Ben Wright

Dan Gee-Summons

 

+44 (0)20 3207 7800

Kaso Legg Communications

Charles Gorman

Millie Steyn

 

atrato@kl-communications.com

+44 (0)20 3995 6673

+44 (0)20 3995 6671

 

 

Notes to Editors

Atrato Onsite Energy plc (LSE: ROOF) is an investment company focused on clean energy generation, providing new renewable energy capacity with 100% carbon traceability to industrial and commercial counterparties. The Company focuses on UK commercial solar, helping its corporate clients achieve net zero and reduce their energy bills. It raised £150 million in a significantly oversubscribed IPO in November 2021. Atrato Onsite Energy plc provides investors with attractive capital growth and secure, index-linked income, targeting a 5% dividend yield and a total shareholder return of 8 - 10%(1). Its shares were admitted to trading on the premium segment of the Main Market of the London Stock Exchange on 23 November 2021. Atrato Partners Limited is the Company's investment adviser.

 

Further information is available on the Company's website, www.atratoroof.com.

 

(1) The target dividend set out above is a target and is not a profit forecast. There can be no assurance that this target can or will be met. This target has been developed based upon assumptions with respect to future business decisions and conditions that are subject to change, including the Company's execution of its investment objective and strategies, as well as growth in the sector and markets in which the Company operates. As a result, the Company's actual results may vary from the targets set out above and those variations may be material. The target dividend yield reflects the IPO price of 100 pence per Ordinary Share.

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